Even if the scrap export duty is prolonged, Ukraine will still suffer from the raw material shortage.

“There will be a shortage anyway. But there is a difference: 200 thousand tons of shortage at 30 euro per ton duty and 800 thousand tons of shortage if the duty is not prolonged”, Ukrmetallurgprom president Alexander Kalenkov said.

Despite the duty local scrap prices have increased. (Ukrainian metal)

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