Ceramet believes that ferrous scrap exports with duty of 30 euro per ton will become unprofitable if the scrap prices drop to $200 per ton FOB Black Sea. In this case the duty will start limiting the exports. “As the duty is not linked to the price situation, its effects on the local market can…
In 2015 Ceramet received 597 thousand UAH of net profits.
The Kiev Administrative Court of Appeals has ordered the Ministry of economic development and trade to allow Ceramet to export ferrous scrap.
In January-June Ceramet, a leading scrap procuring company in Ukraine, increased its deliveries of scrap to Poland and Hungary 2.4 times YoY, to 241.08 thousand tons.
In 2014 Ceramet received 63.26 million UAH of net profit.