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scrap metal - Latest Articles GMK Center

Photo – Global scrap prices fall under pressure from weaker demand in Turkiye
Global scrap prices fall under pressure from weaker demand in Turkiye

China stands out from the general trend, where the decrease in supply contributed to the increase in prices

Photo – Scrap collection in Ukraine increased by 12% m/m in June
Scrap collection in Ukraine increased by 12% m/m in June

Domestic deliveries of raw materials to steel mills in June 2023 increased by 28.7% m/m

Photo – Ukrainian Railways plans to sell 12.8 thousand tons of scrap for UAH 78.7 million
Ukrainian Railways plans to sell 12.8 thousand tons of scrap for UAH 78.7 million

Auctions for the sale of secondary steel raw materials will be held on June 12, 2023

Photo – Germany reduced the consumption of scrap by 10% y/y in 2022
Germany reduced the consumption of scrap by 10% y/y in 2022

The fall is caused by a sharp reduction in steel production at electric steelmaking plants

Photo – Ukrainian Railways sold scrap for UAH 8.7 million from the planned UAH 87.3 million
Ukrainian Railways sold scrap for UAH 8.7 million from the planned UAH 87.3 million

The railway operator successfully held 2 auctions for the sale of scrap out of 36 planned

Photo – EU could become scrap importer in less than 5 years – forecast
EU could become scrap importer in less than 5 years – forecast

Global steel industry is increasingly focused on steel production in EAF

Photo – The European Union imported 38,600 tons of scrap from Ukraine in January-March
The European Union imported 38,600 tons of scrap from Ukraine in January-March

In March, European importers consumed 16.19 thousand tons of Ukrainian scrap

Photo – Ukrainain Railways sold scrap for UAH 71.8 million from the planned UAH 149.7 million
Ukrainain Railways sold scrap for UAH 71.8 million from the planned UAH 149.7 million

The railway operator successfully held 15 scrap metal auctions out of 51 planned

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 – Ukrainian Railways put up for sale 23.6 thousand tons of scrap for UAH 149.7 million
Ukrainian Railways put up for sale 23.6 thousand tons of scrap for UAH 149.7 million

Auctions for the sale of 51 lots of scrap are scheduled for May 22, 2023

Photo – EU steelmakers are concerned about the future availability of scrap
EU steelmakers are concerned about the future availability of scrap

Demand for raw materials from European steel producers is increasing

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

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