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BIR highlights key trends shaping global recycled steel markets in Q2 CY'26

Source: BigMint Jul 16, 2026 08:38

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Trade policies increasingly reshape global recycled steel trade flows. Domestic metallics gain ground amid freight and geopolitical risks

Recycled steel consumption showed mixed trends, with India recording the strongest growth of 22.6% to 11.4 million tonnes, whereas China and the EU-27 registered declines, even as global crude steel production fell 2.1% y-o-y to 459.8 million tonnes during Q1 2026, said the Chairman of the ferrous division at

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