08
Feb
13:44
UK must incentivise domestic scrap usage: trade official
The UK is using too little of its own raw materials including ferrous scrap, says UK Steel’s trade and economics policy manager, Chrysa Glystra.
“UK’s scrap consumption is only about 25% on annual bases,” she noted during Kallanish’s Steel Scrap 2024 conference in Istanbul at Thursday. “Electricity prices also underpin low scrap usage in Great Britain. However, rising UK scrap demand is expected to lead to an increase by 70% as …
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Anonymous
Very good overview of the weekly steel market.
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