Tag: EU scrap market outlook

EU’s ferrous scrap exports fall by 7% y-o-y in CY’24. Will shipments drop further in CY’25 ?

Mar 21, 2025

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by

Anshuman

in Melting Scrap

Shipments to key South Asian nations edge down on softening demand Higher EU crude steel production, scrap usage affect exports Growing export restrictions amid CBAM phase-in to hit developing countries Morning Brief: In calendar year 2024 (CY’24), exports of ferrous scrap, or recycled ferrous material, by the European Union (EU) and the United Kingdom (UK)…