scrap metal

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Curtailing steel production could reduce China’s scrap consumption

This trend will affect the eastern and central regions of the country the most

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Kyrgyzstan extended the ban on scrap export outside the EAEU

The ban on the export of raw materials will last another six months

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Global scrap demand will reach 778 million tons in 2030 – forecast

Global consumption of scrap will grow, as will the demand for quality raw materials

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China’s scrap shortage is expected to increase in August

The demand for scrap in August will remain at the level of more than 13 million tons

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Global scrap prices fall under pressure from weaker demand in Turkiye

China stands out from the general trend, where the decrease in supply contributed to the increase in prices

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Scrap collection in Ukraine increased by 12% m/m in June

Domestic deliveries of raw materials to steel mills in June 2023 increased by 28.7% m/m

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Ukrainian Railways plans to sell 12.8 thousand tons of scrap for UAH 78.7 million

Auctions for the sale of secondary steel raw materials will be held on June 12, 2023

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Germany reduced the consumption of scrap by 10% y/y in 2022

The fall is caused by a sharp reduction in steel production at electric steelmaking plants

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Ukrainian Railways sold scrap for UAH 8.7 million from the planned UAH 87.3 million

The railway operator successfully held 2 auctions for the sale of scrap out of 36 planned

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EU could become scrap importer in less than 5 years – forecast

Global steel industry is increasingly focused on steel production in EAF

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The European Union imported 38,600 tons of scrap from Ukraine in January-March

In March, European importers consumed 16.19 thousand tons of Ukrainian scrap

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Ukrainain Railways sold scrap for UAH 71.8 million from the planned UAH 149.7 million

The railway operator successfully held 15 scrap metal auctions out of 51 planned

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