scrap - Latest news GMK Center

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

The key suppliers of raw materials are the United States, the Netherlands, and the United Kingdom

In 2025, the state-owned company sold 28,000 tons and was only able to ship 10,000 tons of scrap to customers

The forum will discuss, among other things, the supply of high-quality scrap, processing technologies, and pricing.

CEO of Interpipe Vtormet emphasizes that scrap exports increase the deficit and undermine Ukraine's economic and national security

The unchanged tender conditions are outdated, prices do not correspond to the market, and scrap is accumulating in Ukrainian Railways' warehouses

Global prices are moving unevenly: the US and Turkey are experiencing growth, while the markets in China and the EU remain under pressure

This figure has already exceeded the total shipments in 2024 by more than 18,000 tons

The EC's Action Plan for Steel and Metals leaves scrap exports open, maintaining competition in the market

China, the EU, and the US reduced their consumption, while India and Turkey increased demand

Free trade in scrap metal threatens the availability of raw materials on the market and plans to decarbonize the steel industry