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scrap prices - Latest news GMK Center

Photo – World scrap prices continue to fall
World scrap prices continue to fall

Activity in the Turkish and Chinese markets picked up as commodity prices reached operational levels

Photo – Prices for scrap metal in Turkiye are on the way to $360/t
Prices for scrap metal in Turkiye are on the way to $360/t

In most of the world's scrap metal markets, raw material quotations are falling due to reduced demand for steel

Photo – Scrap prices continue to fall in most global markets
Scrap prices continue to fall in most global markets

Falling steel prices make it impossible to buy scrap at current prices

Photo – Global scrap prices are increasing losses amid weak demand
Global scrap prices are increasing losses amid weak demand

Steelmakers are refusing to buy scrap because they are unsure of future steel sales

Photo – World scrap prices are falling due to global uncertainty in the steel market
World scrap prices are falling due to global uncertainty in the steel market

The future of the world scrap market depends on the recovery of demand for finished steel products

Photo – Global scrap prices continue to decline amid a weak steel market
Global scrap prices continue to decline amid a weak steel market

The expected increase in prices depends on the resumption of purchases by Turkish steelmakers

Photo – World scrap prices continue to decline amid uncertainty
World scrap prices continue to decline amid uncertainty

China is breaking out of the general trend thanks to a recovery in steel demand

Photo – World scrap prices are falling amid weaker demand in Turkiye
World scrap prices are falling amid weaker demand in Turkiye

Scrap quotations on the Turkish market for the week of March 20-27, 2023, decreased by $16/t

Photo – UAE extends export ban on ferrous scrap
UAE extends export ban on ferrous scrap

The ban has been extended until September 21 this year

Photo – Global scrap prices are falling amid low market activity
Global scrap prices are falling amid low market activity

Scrap quotations on the Turkish market for the week of March 13-20, 2023, decreased by $5/t

Photo – Global scrap metal prices are supported by an upward trend in Turkiye
Global scrap metal prices are supported by an upward trend in Turkiye

Scrap quotations on the Turkish market for the week of March 6-13, 2023, increased by $8/t, and since the beginning of the year – by $64/t

Photo – Bernd Meyer: «No shortage of steel scrap in Germany is expected in the foreseeable time»
Bernd Meyer: «No shortage of steel scrap in Germany is expected in the foreseeable time»

The BDSV Public Relations and Public Affairs Officer – about the consumption and supply of scrap for the German steel industry

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