scrap metal

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Sidenor accelerates decarbonization with acquisition of scrap recycling company

The move is part of the company's strategy to reduce carbon emissions and improve sustainability

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Ukrainian Railways expects to resume scrap sales soon – Chairman of the Board

Currently, the company has large stockpiles of raw materials, so cutting has been suspended until sales resume

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Turkey increased scrap imports by 2.1% m/m in October

In January-October, scrap supplies increased by 5.5% y/y

Scrap prices declined in November in most key markets

Scrap supply exceeds demand amid weakness in the steel market

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EU steelmakers should reconsider transition to hydrogen and DRI – EuRIC

EuRIC recommends this in view of the rising costs of energy carriers and the unpreparedness of the hydrogen infrastructure

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Scrap consumption in China to fall by 3% y/y in 2024 – analysts

The annual volume of consumption is forecast at the level of 236.4 million tons

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Turkey reduced scrap imports by 26.8% m/m in September

In January-September, scrap supplies increased by 6.3% y/y

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Global scrap prices fell in October in most regions

A slight increase in offers was recorded in China and Italy

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EU increased scrap consumption by 8.8% y/y in H1 – BIR

The export of this raw material from the EU in January-June amounted to 7.36 million tons

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