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scrap - Latest news GMK Center

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

Photo – 42% of trades are successful at scrap auctions in Prozorro.Sales
42% of trades are successful at scrap auctions in Prozorro.Sales

Over the past year, prices for scrap during auctions increased by an average of 21%

Photo – European Union imported 15,600 tons of scrap from Ukraine in April
European Union imported 15,600 tons of scrap from Ukraine in April

In January-April, European importers consumed 54.2 thousand tons of Ukrainian scrap

Photo – Ukrainian Railways sold scrap for UAH 15.5 million out of the planned UAH 78.7 million
Ukrainian Railways sold scrap for UAH 15.5 million out of the planned UAH 78.7 million

The railway operator successfully held 4 scrap auctions out of 36 planned

Photo – Scrap collection in Ukraine decreased by 46% m/m in May
Scrap collection in Ukraine decreased by 46% m/m in May

Domestic supplies of raw materials to steel plants for May 2023 fell by 37.8% m/m

Photo – Ukrainian Railways plans to sell 12.8 thousand tons of scrap for UAH 78.7 million
Ukrainian Railways plans to sell 12.8 thousand tons of scrap for UAH 78.7 million

Auctions for the sale of secondary steel raw materials will be held on June 12, 2023

Photo – Germany reduced the consumption of scrap by 10% y/y in 2022
Germany reduced the consumption of scrap by 10% y/y in 2022

The fall is caused by a sharp reduction in steel production at electric steelmaking plants

Photo – Ukrainian Railways sold scrap for UAH 8.7 million from the planned UAH 87.3 million
Ukrainian Railways sold scrap for UAH 8.7 million from the planned UAH 87.3 million

The railway operator successfully held 2 auctions for the sale of scrap out of 36 planned

Photo – Türkiye reduced scrap imports by 19.5% y/y in April
Türkiye reduced scrap imports by 19.5% y/y in April

In January-April, the total volume of import deliveries of raw materials to Turkish consumers decreased by 23% y/y

Photo – EU could become scrap importer in less than 5 years – forecast
EU could become scrap importer in less than 5 years – forecast

Global steel industry is increasingly focused on steel production in EAF

Photo – The European Union imported 38,600 tons of scrap from Ukraine in January-March
The European Union imported 38,600 tons of scrap from Ukraine in January-March

In March, European importers consumed 16.19 thousand tons of Ukrainian scrap

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