Tag: Red Sea shipping disruption steel market

Global stainless steel scrap market faces structural shift amid nickel rally, trade barriers, and supply chain disruptions: BIR

May 15, 2026

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by

Kanishka Chhabria

in Stainless Steel

Indonesian nickel policies, logistics disruptions reshape stainless steel trade flows CBAM, US tariffs and weak downstream demand keep mills cautious on procurement The global stainless steel scrap market remained volatile through the first half of 2026 as rising nickel prices, tightening scrap availability, geopolitical disruptions, and increasing trade protectionism continued to reshape raw material flows…