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Global seaborne stainless steel scrap trade rises 17% in Jan-Jun26

Source: BigMint Sep 28, 2026 08:30

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Scrap trade growth outpaces 5% rise in global SS output. China, Italy drive stronger cross-border scrap flows. Nickel uncertainty increases strategic value of scrap

Global seaborne stainless steel scrap trade flow increased 17% y-o-y to 2.72 mnt in H1CY'26 from 2.33 mnt in H1CY'25, according to data. The increase was significantly faster than global stainless steel production, which rose 5% y-o-y to 32.96 mnt from 31.40 mnt. The divergence indicates that higher scrap trade

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