Risk of scrap shortage - increasing demand of DRI

Dagens Industri published an article where they highlight that Swedich steel companies plan to feed their new electric arc furnaces with scrap and that the competitors in Europe, have similar plans. Therefore, the industry may face a scrap shortage. “The risk is that prices will rise, especially for new scrap,” says Sven Bäckström, who buys steel scrap for Swedish steel mills.

The risk of scrap shortage is something that FerroSilva saw early and describes at https://ferrosilva.com/what-we-do . It is one of the factors that give us good conditions to be successful.

Read the full article at Dagens Industri