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scrap - Latest news GMK Center

Photo – World scrap prices stabilized at $395-397/t
World scrap prices stabilized at $395-397/t

Scrap quotations remain stable for 11 days in a row due to demand in South Asia

Photo – Ukrzaliznytsia put up for sale 31 thousand tons of scrap for UAH 141 million
Ukrzaliznytsia put up for sale 31 thousand tons of scrap for UAH 141 million

Auctions for the sale of 47 lots of scrap metal are scheduled for August 31

Photo – World scrap prices rose to $397/t
World scrap prices rose to $397/t

Scrap prices have stabilized, and market participants predict both a decrease and an increase

Photo – Scrap collection decreased to 756,000 tons in January-July in Ukraine
Scrap collection decreased to 756,000 tons in January-July in Ukraine

Domestic supplies of scrap metal to steel plants fell to 685.6 thousand tons

Photo – World scrap prices rose by $40 after three weeks of decline
World scrap prices rose by $40 after three weeks of decline

Quotations of scrap metal in Turkey for the week of August 1-8 jumped to $385-390/t

Photo – Ukrzaliznytsia sold 19 out of 67 scrap lots for UAH 87.6 million
Ukrzaliznytsia sold 19 out of 67 scrap lots for UAH 87.6 million

The sale of all scrap lots could bring the railway operator more than 217 million hryvnias

Photo – Kyrgyzstan extended the ban on scrap exports outside the EEU for six months
Kyrgyzstan extended the ban on scrap exports outside the EEU for six months

Quantitative restrictions on the export of precious metals are introduced for the same period

Photo – China intends to increase scrap processing capacity to 180 million tons by 2025
China intends to increase scrap processing capacity to 180 million tons by 2025

Against the backdrop of the development of electric steelmaking in the country, scrap processing capacities will increase by 30 million tons

Photo – World scrap prices fell by $20 last week
World scrap prices fell by $20 last week

Scrap quotes in the Turkish market are declining for the third week in a row, reaching $347-350/t

Photo – Turkey reduced the import of scrap metal by 22% in June
Turkey reduced the import of scrap metal by 22% in June

According to the results of January-June, imports of scrap metal decreased by 2.8%

Photo – The Ministry of Strategic Industries has started a study of steel smelting and scrap supply balance
The Ministry of Strategic Industries has started a study of steel smelting and scrap supply balance

As a result, it is planned to prepare possible relaxations regarding the export of raw materials and the disposal of military equipment

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