Dniepropetrovsk Administrative Court of Appeals has cancelled the decision of the previous court on the prohibition of scrap export from Dniepropetrovsk and Kherson customs of the State Fiscal Service.
“We’re looking forward to the State Fiscal Service reaction”, said Ceramet. The company also hopes that the Kiev Administrative Court of Appeals makes the same decision.
Ceramet believes that scrap exports from Ukraine with duty increase from 10 euro per ton to 30 euro per ton will become profitless if the scrap prices fall below $200 per ton FOB Black Sea.
Ceramet procures and processes ferrous scrap, sells refractories and produces dairy. (Ukrainian metal)