Scrap export duties have to be restrictive.
According to Interpipe-Vtormet director Valentin Makarenko, the company has to limit output because of the lack of scrap, which is its main raw material.
“We cannot load all the capacities now, as we don’t have enough scrap. So we believe that only Ukrainian metal companies should use Ukrainian scrap. This is a strategic raw material”, he said.
In 2016 because of the scrap shortage Interpipe-Vtormet had to import it from Russia and Moldova. (Ukrainian metal)