EU ferrous scrap exports dip 5% in Jan-Aug

Source: BigMint Oct 31, 2024 08:30

Decarb, protectionism raise EU's scrap consumption. Reduced export price viability discourages exports. CY'25 likely to see scrap exports declining further.

Morning Brief: Ferrous scrap exports from the UK and European Union (EU) fell nearly 5% to a provisional 11.80 million tonnes (mnt) over January-August, 2024 (8MCY'24) as per data collated by BigMint. Volumes in the same period last year were recorded at 12.41 mnt. Despite this decrease, European countries maintained

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