scrap - Latest news GMK Center

The company intends to attract new steel plants to its client base

A shortage of scrap could hamper the steel industry's ambitions for decarbonisation

Suppliers hold back scrap sales, expecting better prices

Gradually, the country will increase the import of scrap metal, becoming the world's largest importer of such raw materials

In 2022, the import of scrap metal decreased by 16.5% on an annual basis

Scrap quotations in Turkiye for the week of January 23-30, 2023, increased to $420/t

The amount of scrap in January-March 2023 is estimated at the level of 300-320 thousand tons

A high rate of raw material exports risks jeopardizing both Europe's strategic autonomy and its climate goals

In monetary terms, exports increased by 9.5% y/y in connection with the increase in scrap metal prices

The average price per ton of sold secondary scrap metal was UAH 4.2 thousand

Scrap quotations in Turkiye for the week of January 16-23, 2023, decreased to $410/t

Military aggression from Russia remains the main negative factor for the industry