Contrary to rumors, war actually reduces scrap collections in Ukraine, GMK CEO says

In contrast to the apparent widespread belief that war would lead to a surge in scrap collections in Ukraine, volumes actually fell in 2022 and are likely to fall again in 2023, according to the head of Ukranian commodities think-tank, GMK Center.

Stanislav Zinchenko told Fastmarkets, in an exclusive interview, that ongoing active military operations across the territory since Russia invaded in February 2022 meant that any notions that cheap scrap from...


Marina Shulga

June 07, 2023

14:30 GMT