Ukraine is suffering from the drastic shortage of scrap. This has already affected output and the country economy, say Zaporozhye and Mariupol mayors in their letter to the parliament.
The Parliament committee on industrial policy has suggested imposing a scrap export duty on the level of 30 euro per ton.
On April 25, the Ministry of economical development and trade plans to give out another batch of ferrous scrap export quotas.
In March 2016 Ukraine imported $10.61 million worth of coke, while exports totaled $2.66 million.
In March Ukraine exported $21.47 million worth of pig iron, while imports reached $0.05 million.
The increase of the railroad tariffs has led to the increase of the ferronickel cost price at Pobuzhye Ferronickel Plant.
In January-March Evraz halted its Sukhaya Balka Works temporarily because of the low demand for iron ore.
In March Ukraine exported $34.98 million worth of steel pipes, while imports reached $10.67 million.
Shareholders of Ogneupornerud have dismissed one supervisor board member and appointed two more instead.
In March Ukraine exported $53.79 million worth of ferroalloys, with imports on the level of $4.84 million.
The newly appointed minister of energy and coal industry Igor Nasalik has promised to visit Novovolynsk as he intends to keep the coal industry in the region.
Metinvest is going to spend $17 million on construction of the pulverized coal injection machine in the blast furnace #4 of Azovstal, and plans to switch all blast furnace manufacture at the works from the expensive natural gas to pulverized coal fuel.
In January-March Ukraine procured 614 thousand tons of scrap. That’s the lowest result for the past 20 years. And the first time that the procurement can’t meet the local demand.