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scrap - Latest news GMK Center

Photo – Germany reduced scrap exports by 7% y/y in January-May
Germany reduced scrap exports by 7% y/y in January-May

In May, shipments of raw materials increased by 1.5% y/y

Photo – Global scrap prices stabilized in early July
Global scrap prices stabilized in early July

A significant increase in prices is not expected

Photo – Global scrap trade decreased by 5% y/y in Q1
Global scrap trade decreased by 5% y/y in Q1

More than 60% of importing countries recorded a drop in trade volumes

Photo – Armenia extends ban on scrap exports for another 6 months
Armenia extends ban on scrap exports for another 6 months

In this way, the country's government stimulates the activities of local steel enterprises

Photo – Ukrainian steelmakers did not appeal to UZ to cancel scrap auctions – UMP
Ukrainian steelmakers did not appeal to UZ to cancel scrap auctions – UMP

The information regarding the appeal of steelmakers to the UZ with a request to cancel the auctions held at the beginning of February 2022 is invalid

Photo – Ukrainian Railways has canceled a number of pre-war scrap auctions
Ukrainian Railways has canceled a number of pre-war scrap auctions

50 lots from the sale of scrap in the amount of 33.8 thousand tons for a total amount of almost UAH 292.5 million were canceled

Photo – World scrap collection in 2023 fell by 12% y/y – BIR
World scrap collection in 2023 fell by 12% y/y – BIR

The indicator increased only in the USA and India. In China, scrap consumption decreased by 0.8% y/y

Photo – Scrap consumption in Ukraine decreased by 18.7% m/m in April
Scrap consumption in Ukraine decreased by 18.7% m/m in April

Export of raw materials increased by 25% m/m and is 19.1% of the total collection for the month

Photo – Kazakhstan extends ban on scrap exports for 6 months
Kazakhstan extends ban on scrap exports for 6 months

The ban will apply to colored and black scrap

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