scrap - Latest news GMK Center

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

The ban will apply to colored and black scrap

Exports of raw materials accounted for 12.4% of the total harvesting volume

Turkey, which is the main consumer of raw materials from Israel, will be under the greatest pressure from the introduction of restrictions

Major global markets faced pressure from uncertainty in the steel market and falling prices for other raw materials

During January-February, import of raw materials increased by 34.6% y/y

The company shipped 1.44 million tons of raw materials to third countries and 6.36 million tons within the EU.

The proposal was submitted by Lithuania, the Czech Republic, Latvia and Estonia

At the same time, exports of raw materials reached their highest level since January 2022

The new equipment will have a higher processing capacity and will be technically advanced

Trade in raw materials will decrease as domestic consumption increases and exports decrease

The demand for imported raw materials increased due to the increase in steel production