scrap prices
Global scrap prices fell significantly in March

Major global markets faced pressure from uncertainty in the steel market and falling prices for other raw materials
Global scrap prices increased in January in most regions

The trend was supported by increased demand from steelmakers after the New Year holidays
Global scrap prices rose to the maximum since May 2023

China stands out from the general trend, where a high supply of raw materials hinders price growth
World scrap prices have been rising since the beginning of November

The positive trend is maintained due to the growth of demand amid limited supply
World scrap prices rose at the end of October

Restocking by steelmakers slightly increased activity in global scrap markets, but the trend is short-term

Prices for steel raw materials showed a significant rise in September

Further positive dynamics are at risk due to the potential deterioration of the Chinese economy
Scrap prices in Germany rose in September amid exports to Asia

Market participants hope that export demand will remain in the near future
Global scrap market is volatile under the influence of fluctuations in demand for steel

In Turkiye, scrap prices increased by 0.8% last week, in China they fell by 1%, and in the USA they remained at the level of the previous week
Assofermet predicts an increase in scrap prices in Italy

The country has registered some price declines, but the situation may change at the end of September
Global scrap market has slowed in anticipation of improved steel sales

In Turkiye scrap is offered for $372-376/t, the USA – $340-354/t, and China – $394.2/t

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