scrap - Latest news GMK Center

The main consumer of raw materials is Türkiye – 57.1% of total exports of raw materials

The supply of raw materials to steel enterprises decreased by 22.9% m/m

The ban on the export of raw materials will last another six months

The country's goal of achieving a 15% share of steel production in the EAF by 2025 looks somewhat optimistic

Restrictions on the export of raw materials are introduced as part of the support of the domestic steel industry

In December, imported scrap supplies to Turkish steelmakers increased by 31.1% y/y

During the same period, the supply of raw materials to consumers increased by 15.4% y/y

During the year, Ukrainian scrap companies shipped 182.48 thousand tons of scrap abroad

The country aims to increase the share of this raw material in steel industry to 50% by 2047

The use of this raw material in steel production fell slightly last year

Industry associations call for consideration in the matter of export of raw materials and possible restrictions

Export of scrap steel from the country has more than doubled in a year