19
Jan
16:08
Russian scrap procurement hits ten-year high, outlook negative
Russian procurement of ferrous scrap in 2021 amounted to 30.1 million tonnes, which is a record for the last ten years, Russian scrap metal association Ruslom tells Kallanish.
“In January-July [2021], there was a positive trend in scrap collection, which was up by 28% on-year,” it says. “However, after the increase in scrap export duty to €70 ($79) from 1 August 2021, procurement in August-November fell sharply, by 10.6% on-year, to the lowe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous