The state enterprise Ukrpromvneshexpertiza says ferrous scrap exports in 2016 will reach 1-1.1 million tons, if the quotations are cancelled and duties increase.
“Chinese steel billets in Turkish ports cost $240 per ton, while scrap imported from the same ports costs $195. Cost price of smelting scrap into billets is around $100, and with such a difference it would be profitable for Turkish metal companies to buy Chinese billets and roll them, than to import scrap”, says the company marketing department director Yuri Dobrovolsky. (Ukrainian metal)
Your advertisement under each post on this site. DETAILS