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scrap - Latest news GMK Center

Photo – Turkey could strengthen its position as an export hub for low-carbon steel – expert
Turkey could strengthen its position as an export hub for low-carbon steel – expert

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

Photo – Ukrainian Railways has acknowledged that it is «unlikely to be able» to ship large volumes of scrap in 2026
Ukrainian Railways has acknowledged that it is «unlikely to be able» to ship large volumes of scrap in 2026

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

Photo – Ukrainian steelmakers have announced an increase in steel production and demand for scrap in 2026 amid a shortage
Ukrainian steelmakers have announced an increase in steel production and demand for scrap in 2026 amid a shortage

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

Photo – Oleksandr Kalenkov: «Ukrainian steelmakers need effective measures to restrict scrap exports during the war»
Oleksandr Kalenkov: «Ukrainian steelmakers need effective measures to restrict scrap exports during the war»

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

Photo – WV Stahl demands better conditions for steel producers in EAF
WV Stahl demands better conditions for steel producers in EAF

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

Photo – Scrap exports from Ukraine increased by 52% y/y in January-October
Scrap exports from Ukraine increased by 52% y/y in January-October

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

Photo – Ukrainian Railways plans to sell 31,000 tons of scrap this week
Ukrainian Railways plans to sell 31,000 tons of scrap this week

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

Photo – Demand for steel in India remains on a growth trajectory
Demand for steel in India remains on a growth trajectory

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

Photo – The EU could obtain millions of tons of scrap by recycling decommissioned ships
The EU could obtain millions of tons of scrap by recycling decommissioned ships

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

Photo – EU steelmakers concerned about direction of discussions on green steel labeling
EU steelmakers concerned about direction of discussions on green steel labeling

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

Photo – Restrictions on scrap exports in Ukraine: history, current situation, and essence of the problem
Restrictions on scrap exports in Ukraine: history, current situation, and essence of the problem

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

Photo – Global scrap prices are moving in different directions at the end of the year
Global scrap prices are moving in different directions at the end of the year

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

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