The global steel industry is on a path to transformation by the year 2026. The ferrous scrap market is undergoing a seismic shift due to several factors including; the decoupling of steel prices, an uneven recovery of demand for ferrous materials within different regions of the world, increased) government regulations pertaining to eco-friendliness, and significant acceleration of the impetus to decarbonize all aspects of the steel production process. A comprehensive view of these issues were provided during a high-level Panel Discussion at IMRC 2026, where key industry leaders, traders, manufacturers of finished steel products, market analysts and government policymakers engaged in discussions about how global scrap flows are currently changing and the topics of discussion regarding future directions of those flows.
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