14,073.79 TRY BIST 100 BIST 100
52.17 EUR EUR EUR
44.60 USD USD USD
6.57 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
40.01 TRY Interest Interest
95.20 USD Fossil Oil Fossil Oil
5.83 USD Copper Copper
107.23 USD Silver Silver
103.00 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,783.36 TRY Gold (gr) Gold (gr)
104.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

UK-based scrap company enters concordat

The UK-based scrap company, The Metal Recycling Group Limited (MRG), has entered a concordat process due to financial difficulties and has moved into the liquidation phase.

UK-based scrap company enters concordat

The company’s liquidation procedures are expected to be carried out by appointed officials.

The liquidation process is anticipated to take time and proceed according to a set schedule. Once the process is completed, official information will be provided to the relevant parties.

This process, initiated following MRG’s financial struggles, may also affect the balance in the metal recycling sector. The company’s current obligations in commercial relationships and its position in the sector will become clearer as the liquidation process progresses.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Western Australia approves low-carbon iron processing plant in Port Hedland

Monday, April 13, 2026

Nippon Steel keeps stainless steel prices unchanged for April

Monday, April 13, 2026

voestalpine secures nearly EUR 1 billion in aerospace and space orders

Monday, April 13, 2026

Utva Silosi signs agreement with Danieli for new ERW pipe mill in Serbia

Monday, April 13, 2026

Kardemir held Its Ordinary General Assembly Meeting

Monday, April 13, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now