scrap metal

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Scrap export from Ukraine increased by 3.4 times y/y in 2023

During the year, Ukrainian scrap companies shipped 182.48 thousand tons of scrap abroad

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India seeks to significantly increase the use of scrap in steel production

The country aims to increase the share of this raw material in steel industry to 50% by 2047

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Global scrap consumption decreased by 5% in 2023

The use of this raw material in steel production fell slightly last year

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Green transition of the British steel industry will cause a jump in demand for scrap

Industry associations call for consideration in the matter of export of raw materials and possible restrictions

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Brazil increased iron ore exports by 10% y/y in 2023

Export of scrap steel from the country has more than doubled in a year

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Germany’s METYCLE raised $5 million to expand scrap trading platform

The company announced the successful closing of a seed funding round

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Scrap collection in Ukraine in November increased by 17% m/m

By the end of the year, Ukrainian steelmakers will need 1.9 million tons of scrap

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UK Steel calls for keeping scrap in the country for a green transition

Scrap should stay in Britain to help decarbonise the industry

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Turkiye increased its scrap imports by 41% m/m in October

In January-October, import deliveries of scrap to Turkish steelmakers decreased by 47.9%

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Scrap collection in Ukraine fell by 6.9% m/m in October

Domestic supplies of raw materials to steel plants for October 2023 fell by 7.9% m/m

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UK steel industry’s green transition requires scrap recycling strategy

It is difficult to imagine the future of the industry without a transition to EAF and more efficient use of raw materials

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Turkiye reduced scrap imports by 22.3% y/y in September

In January-September, import deliveries of scrap to Turkish steelmakers decreased by 16.4%

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