Tag: European ferrous scrap exports rise 6% in CY’25 amid declining crude steel production

Europe exports over 20% of its scrap outside region Rising scrap intensity fails to lift domestic consumption CBAM, SMAP to support higher domestic scrap retention Morning Brief: European ferrous scrap exports grew 5.8% y-o-y to 22.5 million tonnes (mnt) in CY’25, as per data maintained with BigMint. This was driven by a 2.5% drop in…