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scrap - Latest Articles GMK Center

Photo – The current activity and prospects of the scrap metal market in Ukraine
The current activity and prospects of the scrap metal market in Ukraine

The demand for scrap metal from Ukrainian steel mills is estimated to be restrained

Photo – Ukrzaliznytsia for the second time failed to sell 19.9 thousand tons of scrap worth UAH 79.6 million
Ukrzaliznytsia for the second time failed to sell 19.9 thousand tons of scrap worth UAH 79.6 million

Auctions for the sale of 36 lots of scrap metal did not take place due to the lack of participants

Photo – UAVtormet predicts a reduction in scrap collection in 2022 by 77.5% y/y
UAVtormet predicts a reduction in scrap collection in 2022 by 77.5% y/y

Domestic supplies of raw materials to steel plants will fall by 74.4% y/y

Photo – Scrap collection in Ukraine in January-November 2022 decreased to 886 thousand tons
Scrap collection in Ukraine in January-November 2022 decreased to 886 thousand tons

Internal supplies of scrap to steel plants for 11 months amounted to 841.9 thousand tons

Photo – Ukrzaliznytsia sold scrap for UAH 1.4 million out of the planned UAH 82.1 million
Ukrzaliznytsia sold scrap for UAH 1.4 million out of the planned UAH 82.1 million

36 scrap lots could not be sold due to the lack of participants in the auctions

Photo – China’s electro steel industry is under pressure from rising scrap prices
China’s electro steel industry is under pressure from rising scrap prices

The seasonal increase in prices for scrap metal does not correspond to the state of the steel market, reducing the margins of steel mills

Photo – World prices for scrap are increasing for the second week in a row – $383/t
World prices for scrap are increasing for the second week in a row – $383/t

In the week of November 28 – December 5, 2022, scrap quotations in Turkiye increased by $23/t

Photo – ArcelorMittal buys scrap recycling company Riwald Recycling
ArcelorMittal buys scrap recycling company Riwald Recycling

In 2021, Riwald processed more than 330,000 tons of ferrous metal scrap

Photo – World scrap metal prices rose by $17/t after a 6-week fall
World scrap metal prices rose by $17/t after a 6-week fall

In the week of November 21-28, 2022, scrap metal quotations in Turkiye reached $360/t

Photo – Ukrzaliznytsia put up for sale 27.7 thousand tons of scrap for UAH 120.5 million
Ukrzaliznytsia put up for sale 27.7 thousand tons of scrap for UAH 120.5 million

Auctions for the sale of 29 lots of scrap metal are scheduled for November 30, 2022

Photo – The material of the future: why ferrous scrap has already become a strategic raw material
The material of the future: why ferrous scrap has already become a strategic raw material

The demand for ferrous scrap is growing due to the global development of electro steel industry in the framework of decarbonization

Photo – World scrap prices stabilized after a 5-week decline
World scrap prices stabilized after a 5-week decline

For the week of November 14-21, 2022, scrap quotes in Turkiye remained at $343/t

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