Ukraine: pellets exports in January 2019

In January Ferrexpo exported 939.7 thousand tons of iron ore pellets. In particular, Poltava GOK shipped 750.7 thousand tons and Yeristovo GOK – 189 thousand tons. Metalloinvest (Russia) exported 435.6 thousand tons of pellets (Mikhailovsky GOK – 364.2 thousand tons and Lebedinsky GOK – 71.4 thousand tons). Metinvest exported 369.3 thousand tons of pellets (Central…

Ukraine: rolled metal exports up in January 2019

In January Ukraine exported $287.21 million worth of flat rolled metal, up by 33.9% YoY.

According to the State Fiscal Service, imports dropped by 6.3%, to $46.2 million.

Compared with December 2018 exports grew by 19.5%, while imports fell by 7.1%.

The largest deliveries were made to Poland ($24.719 million). (Ukrainian metal)

Russia: Kremlin wants scrap market modernized

The Russian president Vladimir Putin has ordered the government to develop suggestions on the upgrading of the scrap sphere. The suggestions should touch the rules of scrap procurement and sales, including using digital platforms. The suggestions should be ready by May 31. The Russian scrap market is estimated at 1 trillion rubles per year. (Ukrainian…

Ukraine: scrap prices to grow in March 2019

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…