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scrap - Latest Articles GMK Center

Photo – Steelmakers advocate for extension of the scrap exports duty for another 5 years
Steelmakers advocate for extension of the scrap exports duty for another 5 years

Extension of that safeguard will make it possible to settle the situation around provision of steel companies with raw materials

Photo – Steelmakers advocate for extension of duty on scrap exports
Steelmakers advocate for extension of duty on scrap exports

That protective measure expires in September 2021

Photo – Scrap supplies to steelmakers increased by 53.7% in January
Scrap supplies to steelmakers increased by 53.7% in January

As of the end of January, steelmakers’ scrap stocks amounted to 170–175 thousand tons

Photo – Scrap stocks fell by 4% in 2020
Scrap stocks fell by 4% in 2020

Exports of scrap dropped by 14.9% over the year

Photo – UAVtormet predicts a drop in scrap collection in 2021 at 6–9%
UAVtormet predicts a drop in scrap collection in 2021 at 6–9%

The Association expects the steel output in 2021 to remain at the past year’s level, 20 to 20.5 million tons

Photo – The Ukrainian Railways to sell 380 thousand tons of scrap in 2021
The Ukrainian Railways to sell 380 thousand tons of scrap in 2021

In 2020, the state-owned company increased scrap sales by 50% in financial terms or by 40 thousand tons in physical terms

Photo – Available scrap decreased by 12% in January–September
Available scrap decreased by 12% in January–September

Exports of raw materials down 39% in the first nine months of 2020

Photo – Ukraine’s scrap exports fell by 95.6% in March
Ukraine’s scrap exports fell by 95.6% in March

Scrap export revenue fell by 46.1% in Q1 2020

Photo – The Parliament registered the draft law on the scrap market unshadowing
The Parliament registered the draft law on the scrap market unshadowing

The document has already been agreed on with all sectoral associations and the Ministry of Economic

Photo – Horst Wiesinger: “Professionalism becomes increasingly important”
Horst Wiesinger: “Professionalism becomes increasingly important”

Horst Wiesinger Consulting’s CEO shares his thoughts about the future of the European steel industry

Photo – The global scrap market may shrink this year
The global scrap market may shrink this year

The margin of electric arc steelmaking companies is at the minimum.

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