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| Steel Scrap |
Global Steel Scrap Market Faces Trade and Demand Challenges
Global steel scrap demand slowed in 2025 due to weak steel production and record Chinese steel exports. As a result, scrap prices declined significantly compared to 2024. Meanwhile, many mills preferred Asian billets over scrap. However, scrap remains critical for sustainable steelmaking in electric arc furnaces (EAFs).
Strategic Importance and Resource Nationalism
Scrap is increasingly viewed as a strategic raw material for regional supply security. Consequently, governments may enforce trade restrictions to retain materials locally. Meanwhile, scrap processors must invest in advanced sorting technologies to supply high-purity material efficiently. This will influence global scrap flows and profitability for steelmakers and recyclers.
Kallanish Steel Scrap 2026 Conference Insights
The upcoming Kallanish Steel Scrap 2026 in Istanbul unites global steel, scrap, and investment stakeholders. Leading companies such as Vale, ArcelorMittal, Rio Tinto, and Voestalpine will discuss export restrictions, tariffs, energy costs, and substitution trends. As a result, participants will assess whether scrap will emerge as “the new gold” for 2026.
ScrapInsight Commentary
Global scrap steel remains strategically vital despite declining demand and low prices. Trade restrictions may drive regional supply security, incentivizing investment in high-purity sorting. Policymakers and steelmakers must balance profitability with sustainable resource use.
