Tag Archives: scrap industry
In the January-November period this year, Ukraine exported $7.5 billion worth of ferrous metals, down 38 percent year on year, according to the data released by the State Fiscal Service of Ukraine. In November alone, revenues from ferrous metal exports totaled $505.88 million, while in October the figure had amounted to $574.85 million. Meanwhile, in […]
According to the report released by the Turkish Iron and Steel Producers’ Association (TCUD), in the January-February period of the current year Turkey’s scrap import volume decreased by 5.3 percent to 2.82 million metric tons, while these imports were valued at $894 million, down 23.5 percent, both on year-on-year basis. In the given period, Turkey’s […]
TURKEY Turkish steel mills started 2011 on a hesitant note, retreating from the scrap market before entirely satisfying their scrap needs.
It goes without saying that the steel industry needs the scrap industry; without an abundant supply of leftover steel from consumers, manufacturers and demolishers, steel plants would have to rely entirely on iron ore for their raw material. Sure, iron ore is more pure than scrap and can produce higher-quality steel, but it’s costlier to […]