Steel scrap becomes a strategic resource10 June 2022 – Steel scrap is increasingly becoming a strategic resource internationally, which countries and steel producers jealously defend. After the EU plans a defacto export ban on steel scrap, South Korea now also wants to keep steel scrap in the country as a strategic resource. And who actually still trades in nickel? This is a legitimate question, considering that since the nickel chaos in March 2022, trade in this important raw material has plummeted by up to 90% on the LME and SHFE. Source