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scrap - Latest news GMK Center

Photo – Global scrap consumption rose by 4.5% y/y in 2025 — BIR
Global scrap consumption rose by 4.5% y/y in 2025 — BIR

China was the largest consumer of raw materials last year, at 227 million tonnes

Photo – Global scrap prices rose by 1–3% in May
Global scrap prices rose by 1–3% in May

A negative trend was observed only in China

Photo – Glencore begins scrap trade from the EU to Turkiye
Glencore begins scrap trade from the EU to Turkiye

The company is handling this shipment through an exporter based in the Baltic region

Photo – Steel mills in Germany are expected to reduce their scrap consumption by 5% y/y in 2025
Steel mills in Germany are expected to reduce their scrap consumption by 5% y/y in 2025

In 2025, Germany reduced its consumption of scrap steel to its lowest level since 2009

Photo – Global scrap prices rose by up to 10% in April
Global scrap prices rose by up to 10% in April

Prices on the European market remained at the previous month's level

Photo – Scrap exports from Germany remained stable in early 2026
Scrap exports from Germany remained stable in early 2026

Exports to Italy increased, while exports to the Netherlands fell sharply by 19% y/y

Photo – The EU scrap market balance in 2025
The EU scrap market balance in 2025

Weak steel production held back demand, while exports stabilized, with a focus on Turkey and Egypt

Photo – Ukrainian Railways has earned nearly 440 million UAH from the sale of scrap since the beginning of 2026
Ukrainian Railways has earned nearly 440 million UAH from the sale of scrap since the beginning of 2026

Revenue from these operations over the past four months has already exceeded that for the entire year of 2025

Photo – Global scrap collection will reach 873 million tons by 2050 – JISF
Global scrap collection will reach 873 million tons by 2050 – JISF

The forecast has been revised downward amid weaker prospects for China and developed economies, while emerging markets are growing

Photo – Kysilevsky supported keeping scrap in Ukraine amid the negative CBAM impact
Kysilevsky supported keeping scrap in Ukraine amid the negative CBAM impact

The MP stated that scrap is a strategic raw material for decarbonization, and that the CBAM is already putting pressure on Ukrainian exports

Photo – Why scrap metal collection is declining in Ukraine: key factors
Why scrap metal collection is declining in Ukraine: key factors

The industry is in a state of systemic stagnation caused by the effects of the war, broader economic factors, and deindustrialization

Photo – A win-win scenario: Ukrainian Railways’ scrap sales surged 2.2-fold in Q1
A win-win scenario: Ukrainian Railways’ scrap sales surged 2.2-fold in Q1

If this trend continues, UZ has a good chance of achieving a historic milestone — meeting its annual scrap sales target

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