Metinvest, ArcelorMittal Kriviy Rih, Interpipe and Electrostal ask the Prime Minister of Ukraine Arseny Yatsenyuk to help solve the ferrous scrap deficiency problem.
“One of the main problems for metal makers today is the scrap shortage on the local market due to 10 years of heavy exports”, said the companies in their letter to the head of the government.
Metal companies noted that they had helped to draft a bill of a possible increase of scrap export duty by 20 euro per ton that might lessen the tension on the local scrap market.
“But we believe implementation of our suggestions should be sped up”, stressed the metal makers. (Ukrainian metal)