Ukrainian scrap collection volumes have fallen over the past year, dented by declining availability of obsolete scrap and a sharp fall in exports. Total Ukrainian scrap collection fell by 7% YoY, to 1.04 million tons in January-April, industry association UAVtormet’s president, Volodymyr Boubley, said last week.
The trend continued in May amid extended holidays at the beginning of the month. Ukrainian scrap collection stood at 3.67 million tons last year, down by 1.3% YoY, UAVtormet said. Boubley cited falling flows of obsolete scrap as the main driver for the lower tonnage. Obsolete scrap accounts for 75% of Ukraine’s scrap generation. The fall has also been caused by a duty on Ukrainian ferrous scrap exports that has resulted in export volumes plummeting.
Ukrainian steelmakers’ inflows of home-sourced scrap have increased, but have still not reached a level matching steelmakers’ requirements. Their ferrous scrap receipts totaled 1.36 million tons in January-May, up by 4.6% YoY, but still 4% below demand, according to data from the state-controlled metals association Ukrmetalurgprom. (UNIAN/Ukrainian metal)