According to the Ukrainian Association of Secondary Metals (UAVtormet), in 2010 Ukraine is expected to process around 6.65 million tons of scrap, which is 12.8%, or 750,000 tons, more than in 2008, though it is about 1 million tons lower as compared to 2007.
During the current year, scrap deliveries to Ukrainian steel producers are expected to amount to about 6 million tons, up by 20.5% YoY, while Ukraine’s scrap exports are to exceed 600,000 tons, down from 890,000 tons exported in 2009.
According to UAVtormet, these figures show that the volumes of scrap processed in Ukraine have changed according to the level of steel production in the country. Meanwhile, Ukraine’s annual scrap exports in recent years were in the range of 600,000 tons to 900,000 tons, whereas in 2000 the country exports of scrap amounted to about 5 million tons. The low level of current exports of scrap is largely due to the fact that the domestic market has improved its consumption.
According to the Ukrainian monitoring and consulting company Ukrpromzovnishexpertyza, in 2011 the scrap consumption of the country steelmaking companies will increase, but only by 200,000 tons to 250,000 tons. Mr. Vladimir Vlasyuk, Ukrpromzovnishexpertyza’s director, said “Due to high competition in the global steel market, we are unlikely to be able to quickly ramp up steel production. I think that this year Ukraine will produce about 32.3 million tons. In 201, we will increase this amount by 1 million tons, not more. But we will unlikely achieve the past results. There are no sale markets for this.”
Mr. Vlasyuk said, in 2011 the scrap processors will be able to satisfy domestic market demand with domestic inventories; however in 2012 a certain tension in balancing scrap supplies to Ukrainian steelmakers could be observed. In 2012, Interpipe will commission its new electric steelmaking plant which will require about 1.35 million tons to 1.4 million tons of scrap per year. Thus starting from 2012, Ukraine is expected to see a shortage of around 700,000 tons to 800,000 tons of scrap per year in the domestic market. (SteelOrbis)
Much more about metal of Ukraine, Russia and other CIS-countries at https://metalukraine.com/
