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scrap metal - Latest Articles GMK Center

Photo – Ukrzaliznytsia put up for sale 9 thousand tons of scrap for UAH 35.6 million
Ukrzaliznytsia put up for sale 9 thousand tons of scrap for UAH 35.6 million

Auctions for the sale of 22 scrap metal lots are scheduled for October 18, 2022

Photo – World scrap prices for the week of September 26 – October 3 increased to $368/t
World scrap prices for the week of September 26 – October 3 increased to $368/t

Turkish steel mills expect a decrease in scrap metal prices

Photo – World scrap prices for the week of September 19-26, 2022, recovered to $365/t
World scrap prices for the week of September 19-26, 2022, recovered to $365/t

Suppliers in the Turkish market are expecting an increase in quotations

Photo – Ukrzaliznytsia sold 4 out of 32 lots of scrap metal for 5.8 million hryvnias
Ukrzaliznytsia sold 4 out of 32 lots of scrap metal for 5.8 million hryvnias

For the third time, the railway operator is unable to sell a large amount of scrap due to a lack of buyers

Photo – World scrap prices continue to fall amid declining steel production
World scrap prices continue to fall amid declining steel production

Market participants believe that the downward trend will continue in September

Photo – Turkey reduced scrap metal imports by 43% y/y in July
Turkey reduced scrap metal imports by 43% y/y in July

In January-July 2022, the import of scrap metal decreased by 21.5% y/y

Photo – Ukrzaliznytsia put up for sale 31 thousand tons of scrap for UAH 141 million
Ukrzaliznytsia put up for sale 31 thousand tons of scrap for UAH 141 million

Auctions for the sale of 47 lots of scrap metal are scheduled for August 31

Photo – The Ministry of Strategic Industries has started a study of steel smelting and scrap supply balance
The Ministry of Strategic Industries has started a study of steel smelting and scrap supply balance

As a result, it is planned to prepare possible relaxations regarding the export of raw materials and the disposal of military equipment

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