scrap - Latest news GMK Center

By the end of the year, Ukrainian steelmakers will need 1.9 million tons of scrap

Scrap should stay in Britain to help decarbonise the industry

In January-October, import deliveries of scrap to Turkish steelmakers decreased by 47.9%

Export of raw materials for 9 months decreased by 3% y/y

Domestic supplies of raw materials to steel plants for October 2023 fell by 7.9% m/m

It is difficult to imagine the future of the industry without a transition to EAF and more efficient use of raw materials

In January-September, import deliveries of scrap to Turkish steelmakers decreased by 16.4%

In January-August, the consumption of scrap increased by 3.8% y/y

The decision was made in order to alleviate the shortage of scrap experienced by steel enterprises

Protectionism regarding this raw material in the form of export restrictions is growing in the world

Domestic supplies of raw materials to steel plants decreased by 6.9% y/y in 9 months

The restriction applies to all products under the HS7204 code