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scrap - Latest news GMK Center

Photo – World scrap prices hit a 1.5-year low
World scrap prices hit a 1.5-year low

Over the week of June 6-13, the cost of scrap metal on the Turkish market fell by $40, to $390-395/t

Photo – Ukraine’s government listed scrap as critical imports
Ukraine’s government listed scrap as critical imports

Also, 12 types of hot-rolled and cold-rolled metal were added to the list

Photo – ANNOUNCEMENT: International Steel Scrap 2022
ANNOUNCEMENT: International Steel Scrap 2022

The conference will take place on June 23 in Istanbul

Photo – Scrap prices fell another $15 last week
Scrap prices fell another $15 last week

During May 30 – June 6, scrap metal prices in the Turkish market fell to $430-435/t

Photo – The war in Ukraine will not stop global decarbonisation: scrap issue
The war in Ukraine will not stop global decarbonisation: scrap issue

Scrap is still the most important material for reducing emissions in steel industry

Photo – EUROFER proposes to stop scrap export to countries not meeting EU standards
EUROFER proposes to stop scrap export to countries not meeting EU standards

Now, 48% of EU steel production is based on scrap, and more will be needed in the coming years

Photo – Global scrap consumption rose by 12% in 2021
Global scrap consumption rose by 12% in 2021

Last year scrap usage as a raw material for steel production increased to 32%

Photo – Kazakhstan introduces a ban on scrap exports from May 6
Kazakhstan introduces a ban on scrap exports from May 6

Before the order came into force, goods should be freely exported from Kazakhstan

Photo – World scrap prices fell by $60 last week
World scrap prices fell by $60 last week

During April 18-25, scrap prices in Turkey dropped to $570-575/t

Photo – Russian billets are replacing scrap in Turkey
Russian billets are replacing scrap in Turkey

During April 11-18 scrap prices in Turkey fell to $635 per ton

Photo – Global scrap prices lose $3 for the second week in a row
Global scrap prices lose $3 for the second week in a row

Over the week April 4-11, scrap prices in Turkey fell to $650-651/t

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