{"id":130468,"date":"2024-05-17T07:58:40","date_gmt":"2024-05-17T04:58:40","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/european-demand-for-stainless-steel-scrap-remains-robust-according-to-bir\/"},"modified":"2024-05-17T07:58:40","modified_gmt":"2024-05-17T04:58:40","slug":"european-demand-for-stainless-steel-scrap-remains-robust-according-to-bir","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/european-demand-for-stainless-steel-scrap-remains-robust-according-to-bir\/","title":{"rendered":"European demand for stainless steel scrap \u2018remains robust\u2019, according to BIR"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/130468\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>However, the availability of scrap continues to be impacted by ongoing weakness in industrial and manufacturing activities across the region. The report showed the \u201csubstantial increase\u201d in net imports of stainless scrap from third countries into the European Union, marking a surge of 50% during the initial two months of this year compared to the same period in 2023.<\/p>\n<p>Despite efforts to secure price increases by holders of scrap material, the study highlighted that European crude stainless production has been hampered by major strikes, resulting in limited gains in scrap prices. It explained that this scenario persists even as nickel prices on the London Metal Exchange (LME) remain elevated. Figures published by worldstainless reveal a decline of more than 6% in European crude stainless steel output last year, totalling 5.9 million tonnes. It highlighted that this decline occurred despite the usual seasonal improvement observed in the fourth quarter.<\/p>\n<p>On a global scale, however, stainless steel production saw a year-on-year increase of 4.6% in 2023, reaching over 58.4 million tonnes, with China contributing nearly 36.7 million tonnes. In India, steel mills are actively replenishing their low raw material inventories and have begun booking scrap cargoes in recent weeks. Additionally, the study from the BIR has revealed that UAE-based Green Metal Industries has unveiled plans for a $100 million (US) investment in constructing a plant in Kezad, Abu Dhabi.<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.letsrecycle.com\/news\/european-demand-for-stainless-steel-scrap-remains-robust-according-to-bir\/\">Let&#8217;s Recycle<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/environmental-news-en\/3-522\/\">European demand for stainless steel scrap \u2018remains robust\u2019, according to BIR<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[575,696,7770,14554],"class_list":["post-130468","post","type-post","status-publish","format-standard","hentry","category-news","tag-environmental-news-en","tag-europe","tag-scrap","tag-stainless-steel"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/130468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=130468"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/130468\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=130468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=130468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=130468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}