Tag: Russia scrap quota

Consumption falls 5% but scrap-based steel production up 1% Imports edge up on firm Asian demand despite uneven steel output Policy controls increasingly distorting global scrap availability Morning Brief: Global ferrous scrap consumption declined by 5% y-o-y in CY’25 to 575.2 million tonnes (mnt) from 605.0 mnt in CY’24, reflecting weaker steel output and cautious…