scrap metal

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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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Turkey increased scrap imports by 23.2% m/m in August

In January-August, scrap supplies increased by 4% y/y

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Scrap shortage situation in Europe will get worse – Federacciai

The industry association also points to high electricity prices for Italian steelmakers

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Scrap exports from Ukraine in August reached its highest level since 2021

The scrap industry continues to increase the export of raw materials, which are critically important for the stable operation of domestic steel industry

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Ukrainian Railways has not sold scrap for more than a year

The company stopped selling scrap at open auctions despite the critical need for raw materials by the steel industry of Ukraine

EU scrap market balance

The EU steel industry has a huge unrealized potential to increase scrap consumption to meet the goals of reducing carbon emissions and developing a circular economy

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Exports of scrap from Ukraine increased by 46.9% y/y in January-July

Monthly export volumes are approaching pre-war levels

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World scrap trade decreased by 6% y/y in H1 2024

Large volumes of cheap steel exports from China have affected production in many regions, putting direct pressure on scrap demand

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