scrap metal

Domestic supplies of raw materials to steel plants will fall by 74.4% y/y

Auctions for the sale of 36 lots of scrap metal are scheduled for December 23, 2022

Longer shutdowns of steelmakers for maintenance will affect scrap consumption in the first quarter of 2023

In 2021, Riwald processed more than 330,000 tons of ferrous metal scrap

In January-October 2022, the import of scrap metal decreased by 10.4% year-on-year

The size of the quota can be reduced to 600 thousand tons from 1.45 million tons, which is valid until the end of 2022

Among the main buyers of raw materials are Metinvest Resource, Dniprostal and Center for Industrial Repair and Construction

For the week of November 14-21, 2022, scrap quotes in Turkiye remained at $343/t

For the week of November 7-14, 2022, scrap quotations in Turkiye decreased by $6/t – to $340-344/t

For the week of October 31 – November 7, 2022, scrap quotations in Turkiye decreased by $10/t – to $350/t

The auction for the sale of secondary scrap metal is scheduled for November 18, 2022

For the week of October 24-31, 2022, scrap quotations in Turkiye decreased by $8/t – to $350-360/t