Final Thoughts: Scrap trends in the international market

Lately, the scrap and steel industries have been engaged in a theoretical discussion about the long-term value and trade of ferrous scrap. As electric-arc furnace (EAF) melting proliferates throughout the world for both economic and ecological reasons, the question is whether price and availability of scrap stay within reach for steel-producing countries that rely on scrap imports.

During the last two decades, the industry has seen a move away from integrated steelmaking to the EAF method in North America and Europe and partially in India and the MENA region.