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BIR highlights key risks to global recycled steel markets in Q1 2026

Source: BigMint May 21, 2026 10:00

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Freight volatility and geopolitical tensions increased landed scrap costs. Mills increasingly shifted towards domestic and alternative metallics

The global recycled steel market entered 2026 navigating a complex web of geopolitical disruptions, diverging regional demand cycles, and accelerating structural shifts toward low-carbon steelmaking - making it one of the most consequential years for the scrap industry in over a decade, industry body BIR said in a report. Factors

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