The state enterprise Ukrpromvneshekspertisa forecasts that in March ferrous scrap prices will grow by 3-12.5% MoM, to $315-340 per ton.
The price could grow following the increase in price of rolled metal.
At the same time, in April the experts expect a drop of export quotations because of the decrease in demand and the seasonal growth of offers.
In April the scrap price could fall by 1.6-2.9%, to $310-330 per ton,
In March domestic prices could grow by 6.2-10.2% MoM, to 6.5-6.9 thousand UAH per ton. (Ukrainian metal)