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scrap - Latest Articles GMK Center

Photo – 42% of trades are successful at scrap auctions in Prozorro.Sales
42% of trades are successful at scrap auctions in Prozorro.Sales

Over the past year, prices for scrap during auctions increased by an average of 21%

Photo – European Union imported 15,600 tons of scrap from Ukraine in April
European Union imported 15,600 tons of scrap from Ukraine in April

In January-April, European importers consumed 54.2 thousand tons of Ukrainian scrap

Photo – Ukrainian Railways sold scrap for UAH 15.5 million out of the planned UAH 78.7 million
Ukrainian Railways sold scrap for UAH 15.5 million out of the planned UAH 78.7 million

The railway operator successfully held 4 scrap auctions out of 36 planned

Photo – Scrap collection in Ukraine decreased by 46% m/m in May
Scrap collection in Ukraine decreased by 46% m/m in May

Domestic supplies of raw materials to steel plants for May 2023 fell by 37.8% m/m

Photo – Türkiye reduced scrap imports by 19.5% y/y in April
Türkiye reduced scrap imports by 19.5% y/y in April

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

Photo – Activity in global scrap markets has slowed due to high uncertainty
Activity in global scrap markets has slowed due to high uncertainty

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

Photo – Collection of scrap in Ukraine doubled m/m in April
Collection of scrap in Ukraine doubled m/m in April

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

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

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