Wednesday, July 23, 2025
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    Scrap

    Scrap import market steady amid weak finished steel sales

    Turkey's imported scrap prices remained largely stable this week, as buying activity slowed due to weak finished steel sales and resistance from steel mills...

    Scrap imports continue to decline in May

    Turkey imported approximately 8.1 mln tons of scrap in the first five months of 2025, reflecting a 5.5pct YoY decrease, according to data from...

    Toyota Tsusho acquires Radius Recycling to boost green steel supply chain

    Toyota Tsusho Corporation has completed the full acquisition of U.S.-based Radius Recycling, Inc. through its subsidiary, Toyota Tsusho America, Inc. The deal was finalized...

    Scrap import offers edge up but finished steel sales remain weak

    Turkey's imported scrap market saw a slight uptick this week, even as sluggish finished steel sales slowed buying activity. Current import offers are assessed...

    Beco Steel makes first copper ingots export to Hong Kong

    Pakistan's Beco Steel Limited has successfully completed its first export shipment of copper ingots to Hong Kong, China, the company announced in a filing...

    Global long steel market remains unstable amid tariffs, weak demand – IREPAS

    The global long steel products market continues to face a weak and uncertain business environment, with no meaningful improvement in the supply-demand balance, according...

    Scrap prices under pressure amid weak steel demand

    Turkey's scrap import prices came under pressure this week, as sluggish finished steel sales kept mills cautious. Current import offers are assessed in the...

    Scrap imports drop over 5pct in Jan-May 2025 YoY

    Turkey imported 8.2 mln tons of scrap between January and May 2025, marking a 5.3pct decline YoY, according to data from the Turkish Statistical...

    SSAB secures additional green financing for mini-mill project in Lulea

    SSAB has secured an additional EUR 430 mln (USD 504 mln) in green financing to advance its transformation project in Lulea, Sweden. This follows...

    Govt approves USD 42 mln to modernize Gadani shipbreaking yard

    The Pakistani government has approved approximately USD 42 mln for the redevelopment of the Gadani shipbreaking yard in Balochistan, aiming to transform it into...
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