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scrap - Latest news GMK Center

Photo – The Italian government will stimulate the production of stainless steel based on scrap metal
The Italian government will stimulate the production of stainless steel based on scrap metal

The 2026 budget law provides financial incentives for such manufacturers until 2028

Photo – Scrap will remain a strategic raw material in the future – Kallanish Steel Scrap 2026
Scrap will remain a strategic raw material in the future – Kallanish Steel Scrap 2026

This market may face an increase in regional trade restrictions

Photo – Restrictions on scrap exports are a prerequisite for the development of EAF capacities in Ukraine – Metinvest-Resource’s CEO
Restrictions on scrap exports are a prerequisite for the development of EAF capacities in Ukraine – Metinvest-Resource’s CEO

Metinvest is considering the possibility of building electric arc furnaces for steelmaking with a capacity of 3.5–3.8 million tons per year

Photo – The government has set zero quotas for scrap exports from Ukraine for 2026
The government has set zero quotas for scrap exports from Ukraine for 2026

The Verkhovna Rada must formalize the decision to restrict the export of raw materials at the legislative level

Photo – Scrap exports from Ukraine increased by 45% y/y over 11 months
Scrap exports from Ukraine increased by 45% y/y over 11 months

The figure has already exceeded the total volume of shipments in 2024 by more than 86 thousand tons

Photo – Taxes paid to the budget per ton of exported scrap metal amount to UAH 104
Taxes paid to the budget per ton of exported scrap metal amount to UAH 104

Last year's customs statistics indicate possible underpayment by scrap exporters

Photo – Thyssenkrupp signs agreement to supply processed scrap from TSR Group
Thyssenkrupp signs agreement to supply processed scrap from TSR Group

The subject of the agreement is the innovative recycled product TSR.

Photo – ANNOUNCEMENT: Kallanish Steel Scrap 2026
ANNOUNCEMENT: Kallanish Steel Scrap 2026

The conference will discuss current issues in the global scrap market, supply/demand, and pricing in 2026

Photo – Global scrap prices remain high
Global scrap prices remain high

Reduced production and activity in certain regions are supporting the market despite sluggish conditions

Photo – Hyundai Steel invests $116 million to strengthen supply of high-quality scrap
Hyundai Steel invests $116 million to strengthen supply of high-quality scrap

The company is simultaneously developing technologies for converting conventional raw materials into high-quality

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