The current regulations do not allow Ukrzaliznystia to efficiently operate on the scrap market.
“The scrap prices change very quickly. We cannot catch up with them with the current regulations”, the company director on legal issues and property policy Arthur Reznik declared.
“According to our calculations, it takes us 3.5 months to start the selling process and enter the Prozorro system. This is too long. We have initiated amendments to the process, which would allow speeding it to 2-3 weeks. If we succeed, we could improve our efficiency 10-fold. I believe late this year or early in 2020 the decision will be taken”, he noted.
This year Ukrzaliznytsia has sold 97.212 thousand tons of scrap valued at 577.3 million UAH at the auctions.
Next year Ukrzaliznytsia intends to sell 122.933 thousand tons of scrap. (Ukrainian metal)