scrap - Latest news GMK Center

The country's steelmakers face a number of challenges, including energy prices and CBAM

The company lacks the staff to ensure that assets subject to write-off are properly prepared for sale

Steelmakers plan to increase demand for scrap, while the market is already experiencing a shortage of raw materials

Ukraine and the European Union are jointly «feeding» their Turkish and Indian competitors in the steel industry

Among the problems facing the sector are electricity prices and uncertainty over the availability of scrap

The figure has already exceeded the total shipments in 2024 by more than 52 thousand tons

The company revised the starting price to UAH 6,400/t and reduced the size of lots to increase competition

Among other things, this momentum is supported by the pace of urbanization and government capital investments

According to the study, this scrap could become an important resource for decarbonizing the EU steel industry.

Steel producers and scrap collectors are concerned about the consideration of a «sliding scale» without differentiation based on production technologies

The €180/tonne duty failed to completely curb raw material exports, so the government and industry associations proposed a new solution

Seasonality, currency fluctuations, and demand imbalances are key drivers in the markets