Steel scrap strategic raw material outlook sharpens at Kallanish Steel Scrap 2026

Steel scrap strategic raw material faces shifting global market forces

Steel scrap remains a strategic raw material despite weak global steel growth last year.
Sluggish production reduced scrap demand across major regions.
Meanwhile, record Chinese steel exports pressured prices and mill margins worldwide.

Asian billet imports gained favor as scrap prices fell below 2024 averages.
As a result, many steelmakers adjusted raw material strategies.
Economic pragmatism also slowed decarbonization momentum, especially across Europe.

However, industry experts still view steel scrap as a strategic raw material long term.
They expect stronger resource nationalism through regional trade restrictions.
These policies aim to retain scrap supplies within domestic markets.

Trade restrictions reshape steel scrap strategic raw material flows

Regional barriers could challenge scrap processors and recyclers.
Processors must secure profitable sales to fund advanced sorting technology.
High-purity scrap supports flat steel production in electric arc furnaces.

Participants will debate these risks at Kallanish Steel Scrap 2026 in Istanbul.
The event takes place on February 5 and draws global industry leaders.
Turkey plays a central role due to its strong ferrous metals trade presence.

Delegates from Europe, the United States, and the United Kingdom will share insights.
They will discuss tariffs, energy costs, and export restrictions.
Leading mills from Türkiye, India, China, and the US will outline sourcing strategies.

Global steel leaders converge in Istanbul

Major companies have confirmed attendance at the conference.
They include Vale, ArcelorMittal, Rio Tinto, Voestalpine, and Danieli.
Other participants include EMR Group, Metinvest, BIR, and McKinsey & Company.

The event will host stakeholders from over 20 countries.
This turnout highlights the global importance of the scrap steel market.
Industry dialogue will focus on balancing supply security with open trade.

SuperMetalPrice Commentary:

Steel scrap now sits at the intersection of decarbonization, trade policy, and supply security.
Resource nationalism may tighten flows and lift regional premiums.
As a result, scrap processors with technology and scale could gain lasting advantages.