scrap

In January-April, the total volume of import deliveries of raw materials to Turkish consumers decreased by 23% y/y

Steel plants have reduced purchases of raw materials to a minimum in anticipation of positive signals on the steel market

Domestic deliveries of raw materials to steel mills fell by 2.7% m/m in April 2023

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

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

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

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

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

Domestic supplies of raw materials to steel plants for March 2023 increased by 23.6% m/m

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

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

The company's retained earnings at the end of last year amounted to UAH 179.81 million