scrap prices - Latest news GMK Center

In May, the markets showed a mixed trend

Decline in supply recorded in the EU

Steel mills had to return to procurement after a long pause

All major markets are falling

Buyers do not support further growth amid increased supply from scrap metal collectors

Increased offers from sellers are not supported by buyer demand in most regions of the world

The cost of imported scrap in Turkish ports is growing despite weak demand from metallurgists

Turkish steel mills fear further price increases

Amid weakness of the economies of Turkey and the EU, the state of the market will increasingly depend on the actions of China

Scrap supply exceeds demand amid weakness in the steel market

A slight increase in offers was recorded in China and Italy

Scrap production in the EU is decreasing in parallel with the decrease in steel production volumes