icon

scrap - Latest Articles GMK Center

Photo – Global scrap prices are rising amid improving market sentiment
Global scrap prices are rising amid improving market sentiment

Demand for scrap metal continues to rise following announcements by the Turkish government to rebuild cities after the earthquake

Photo – Ukrzaliznytsia put up for sale 37.3 thousand tons of scrap worth UAH 150.8 million
Ukrzaliznytsia put up for sale 37.3 thousand tons of scrap worth UAH 150.8 million

Auctions for the sale of 54 lots of scrap metal are scheduled for March 7, 2023

Photo – World scrap consumption in 2022 decreased by 7% y/y
World scrap consumption in 2022 decreased by 7% y/y

During the year, the use of scrap metal as a raw material for steel production was 32%

Photo – Scrap collection in Ukraine for January 2023 fell to 60.5 thousand tons
Scrap collection in Ukraine for January 2023 fell to 60.5 thousand tons

Domestic supplies of scrap metal to steel plants in January 2023 amounted to 49.4 thousand tons

Photo – Ukrzaliznytsia sold scrap for 10.6 million UAH out of the planned 45.5 million UAH
Ukrzaliznytsia sold scrap for 10.6 million UAH out of the planned 45.5 million UAH

The average price per ton of sold secondary scrap metal was UAH 3.93 thousand

Photo – World prices for scrap metal decreased slightly amid the consequences of the earthquake in Turkiye
World prices for scrap metal decreased slightly amid the consequences of the earthquake in Turkiye

Activity in the Turkish scrap market is almost zero due to the shutdown of steel mills due to the earthquake

Photo – The consumption of scrap in China will remain stable
The consumption of scrap in China will remain stable

The import of scrap to the country fell by 4% y/y last year

Photo – Interpipe Vtormet plans to expand the scrap metal sales markets
Interpipe Vtormet plans to expand the scrap metal sales markets

The company intends to attract new steel plants to its client base

Photo – German steelmakers are worried about a possible future scrap shortage
German steelmakers are worried about a possible future scrap shortage

A shortage of scrap could hamper the steel industry's ambitions for decarbonisation

Photo – World scrap prices continue to rise amid tight supply
World scrap prices continue to rise amid tight supply

Suppliers hold back scrap sales, expecting better prices

Photo – India to increase the share of scrap in steel production to 50% by 2047
India to increase the share of scrap in steel production to 50% by 2047

Gradually, the country will increase the import of scrap metal, becoming the world's largest importer of such raw materials

Photo – Turkiye reduced scrap imports by 4.5% m/m in December 2022
Turkiye reduced scrap imports by 4.5% m/m in December 2022

In 2022, the import of scrap metal decreased by 16.5% on an annual basis

1 2 3 4 5 … 14