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scrap - Latest Articles GMK Center

Photo – Scrap collection in Ukraine decreased by 23.2% m/m in March
Scrap collection in Ukraine decreased by 23.2% m/m in March

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

Photo – World scrap prices continue to decline amid uncertainty
World scrap prices continue to decline amid uncertainty

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

Photo – World scrap prices are falling amid weaker demand in Turkiye
World scrap prices are falling amid weaker demand in Turkiye

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

Photo – Interpipe Vtormet ended 2022 with a loss of UAH 10.3 million
Interpipe Vtormet ended 2022 with a loss of UAH 10.3 million

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

Photo – UAE extends export ban on ferrous scrap
UAE extends export ban on ferrous scrap

The ban has been extended until September 21 this year

Photo – Global scrap prices are falling amid low market activity
Global scrap prices are falling amid low market activity

Scrap quotations on the Turkish market for the week of March 13-20, 2023, decreased by $5/t

Photo – Interpipe Steel was forced to suspend work due to a shortage of scrap
Interpipe Steel was forced to suspend work due to a shortage of scrap

The shortage of scrap metal is caused by a difficult situation with the collection of raw materials, at the same time, its exports increased by 3.5 times

Photo – Scrap collection in Ukraine in February 2023 increased by 52% m/m
Scrap collection in Ukraine in February 2023 increased by 52% m/m

Domestic supplies of scrap to steel plants for February 2023 increased by 43.3% m/m

Photo – Global scrap metal prices are supported by an upward trend in Turkiye
Global scrap metal prices are supported by an upward trend in Turkiye

Scrap quotations on the Turkish market for the week of March 6-13, 2023, increased by $8/t, and since the beginning of the year – by $64/t

Photo – China plans to reduce coking coal consumption by 20-25% by 2030
China plans to reduce coking coal consumption by 20-25% by 2030

The share of steel produced by electric arc furnaces will increase to 22% by 2030

Photo – Ukrainian Railways put up for sale 7.2 thousand tons of scrap for UAH 25.5 million
Ukrainian Railways put up for sale 7.2 thousand tons of scrap for UAH 25.5 million

Auctions for the sale of 23 lots of scrap metal are scheduled for March 20, 2023

Photo – China’s increased use of scrap is offsetting demand for iron ore — MPI
China’s increased use of scrap is offsetting demand for iron ore — MPI

According to the forecast, in 2023, iron ore consumption by Chinese steelmakers will fall by 2.3% y/y

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