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Marcel Genet: "Let's not forget that unless we make something out of steel, the product will have no value''

At the 'Steel Scrap Panel' which was organized in Istanbul, steel recycling and scrap issues were the main topics of the panel.

Marcel Genet: "Let's not forget that unless we make something out of steel, the product will have no value''

Macel Genet, founder and chairman of Laplace Conseil consultancy, emphasised the importance of the subject by stating that more work should be done on steel recycling: "Let's not forget that unless we do something with steel, the product will have no value. Genet continued by stating that scrap trade restrictions are not possible. The scrap issue, which created a difference of opinion among the speakers, raised the question "Will scrap become the new gold? The question was raised.

Tayfun İseri, President of the Turkish Flat Steel Import, Export and Industry Association (Yisad), stated that scrap will not be the new gold and added that there may be a decrease in steel production in the coming years, but there will be no decrease in scrap.

The main point that Genet and the other panelists emphasized was that, in addition to the processing of steel, scrap must also continue to be processed and recycled.

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