scrap metal

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Scrap exports from Ukraine decreased by 50% m/m in January

Almost all of the raw materials are sent to Poland

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Turkey increased scrap imports by 6.7% y/y in 2024

Over the year, the country's steelmakers consumed 20.09 million tons of imported raw materials

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EU exported 15.6 million tons of scrap in January-November

More than 60% of deliveries are to Turkey

Scrap exports from Ukraine exceeded 290 thousand tons in 2024

Since 2022, shipments have increased more than 5 times

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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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