Ukraine scrap exports may fall in 2011 if VAT is cancelled
According to Ukrainian Association of Secondary Metals (UAVtormet), in 2010 Ukraine is expected to increase its scrap exports by 1.9% YoY to 0.9 million tons, adding that in 2011 the country exports may fall if the government cancels the value-added tax on scrap transactions.On September 3rd the Cabinet of Ministers submitted a revised draft of…