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scrap - Latest news GMK Center

Photo – How much scrap can Ukraine prepare?
How much scrap can Ukraine prepare?

Scrap collectors predict collection at the level of 1.2-1.25 million tons in 2023, and steelmakers need 1.9 million tons of scrap

Photo – Ukrainian Railways put up for sale 17 thousand tons of scrap for UAH 113.2 million
Ukrainian Railways put up for sale 17 thousand tons of scrap for UAH 113.2 million

Auctions for the sale of secondary steel raw materials are scheduled for September 18, 2023

Photo – Türkiye increased scrap imports by 37.3% y/y in July
Türkiye increased scrap imports by 37.3% y/y in July

Deliveries of scrap to Turkish steelmakers increased for the first time in the last three months

Photo – EU imported 89.8 thousand tons of scrap from Ukraine in the first half of the year
EU imported 89.8 thousand tons of scrap from Ukraine in the first half of the year

In June, European importers consumed 13.8 thousand tons of Ukrainian scrap metal

Photo – Türkiye imported 9.6 million tons of scrap in January-June
Türkiye imported 9.6 million tons of scrap in January-June

Thus, the country took first place in the global ranking of scrap metal importers

Photo – Curtailing steel production could reduce China’s scrap consumption
Curtailing steel production could reduce China’s scrap consumption

This trend will affect the eastern and central regions of the country the most

Photo – The global trade in scrap in the first half of 2023 decreased by 8% y/y
The global trade in scrap in the first half of 2023 decreased by 8% y/y

The global indicator was influenced by Turkiye, whose scrap imports fell by 22% in January-June 2023

Photo – Kyrgyzstan extended the ban on scrap export outside the EAEU
Kyrgyzstan extended the ban on scrap export outside the EAEU

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

Photo – Global scrap demand will reach 778 million tons in 2030 – forecast
Global scrap demand will reach 778 million tons in 2030 – forecast

Global consumption of scrap will grow, as will the demand for quality raw materials

Photo – China’s scrap shortage is expected to increase in August
China’s scrap shortage is expected to increase in August

The demand for scrap in August will remain at the level of more than 13 million tons

Photo – Global scrap prices fall under pressure from weaker demand in Turkiye
Global scrap prices fall under pressure from weaker demand in Turkiye

China stands out from the general trend, where the decrease in supply contributed to the increase in prices

Photo – Scrap collection in Ukraine increased by 12% m/m in June
Scrap collection in Ukraine increased by 12% m/m in June

Domestic deliveries of raw materials to steel mills in June 2023 increased by 28.7% m/m

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