In January-July Ukraine imported 25.791 thousand tons of ferrous scrap valued at $22.01 million, up by 71.6% and by 57.7% YoY respectively. According to the State Fiscal Service, Turkey supplied 71.93% of scrap, Russia – 9.64% and Slovakia – 9.41%. Ukraine also imported 1.12 thousand tons of hot-briquetted iron from Russia valued at $474 thousand,…
In January-July Ukraine exported 281.282 thousand tons of ferrous scrap valued at $92.418 million, up by 49.6% and 2.3-fold YoY respectively. According to the State Fiscal Service, in July Ukraine exported 10.939 thousand tons of scrap, in June – 19.359 thousand tons, in May – 34.537 thousand tons, in April – 76.331 thousand tons, in…
According to railroad statistics, direct ferrous scrap deliveries to major Russian metal companies and pipe works reached 1.44 million tons, up by 14% YoY.
In January-July scrap deliveries grew by 1.1% YoY, to 7.37 million tons. (Ukrainian metal)
According to Turkish Statistical Institute (TUIK), in January-June Turkey increased scrap imports by 15.8% YoY, to 10.77 million tons.
In particular, Russia increased deliveries by 60%, to 1.33 million tons.
In June scrap imports from Russia grew by 66.1%, to 299.165 thousand tons. (Ukrainian metal)
In May, according to the customs statistics, Russia exported 8.3 thousand tons of corrosion-resistant steel scrap valued at $8 million, up by 81% and by 75% YoY respectively. In January-May exports grew by 19.2% YoY, to 39.9 thousand tons, valued at $41.5 million, up by 23.5%. 8%-nickel containing scrap accounted for 75% of the total…
In May, according to the customs statistics, Russia imported 49.5 thousand tons of ferrous scarp from Kazakhstan, down by 24.3% YoY.
Average price was $257 per ton.
In January-May imports dropped by 25.5% YoY, to 155.6 thousand tons. (Ukrainian metal)
In January-June Ukraine exported 270 thousand tons of scrap, up by 106% YoY. Scrap procurement grew by 12%, to 1.902 million tons. Deliveries of scrap to metal companies increased by 4%, to 1.632 million tons. In June 346 thousand tons of scrap were procured, down by 6% MoM, of which domestic companies received 327 thousand…
The Primorye region stops exporting ferrous scrap and wastes through the seaports of Nakhodka and Vostochniy.
The new rules come into effect on July 22.
The scrap export limitation will be valid for 5 months.
So far this year Nakhodka customs has approved 95.5 thousand tons of scrap for exports. (Ukrainian metal)
In January-June the average delivery time of ferrous scrap to metal companies by Russian Railroads totaled 5.1 days, up by 17.2% YoY. At the same time for the batches not exceeding 260 tons (77% of all shipments) the delivery time was 5.37 days, up by 17.7% YoY. The batches of more than 1 thousand tons…
In May, according to customs statistics, Russia exported 619.4 thousand tons of ferrous scrap, up by 57.2% YoY.
In January-May scrap exports reached 2.3 million tons, up by 43.2% YoY. (Ukrainian metal)
In June Russia supplied 115.8 thousand tons of scrap to Belarus via railroad.
This is 5.7% below the June 2017 results.
In January-June scrap exports reached 614.3 thousand tons, down by 4.7% YoY. (Ukrainian metal)
Interpipe believes in summer scrap procurement will decrease by 20%. “The market is saturated with scrap now, but with the coming of summer we see a traditional decline. We believe the drop in the scrap procurement will reach 20%”, Interpipe CFO Denis Morozov said. At the same time, scrap demand will grow, as ArcelorMittal Kriviy…
In June railroad deliveries of ferrous scrap to the metal works and pipe companies totaled 1.44 million tons, up by 7.6% MoM and by 10% YoY.
In January-June scrap deliveries dropped by 1.6% YoY, to 5.93 million tons. (Ukrainian metal)
Having prohibited the exports of scrap from the main Far East ports for 6 months to help Amurmetal with raw materials, the government can now take similar measures to help Abinsk Electrometallurgical Works (AEMZ). The Ministry of industry and trade intends to hold a meeting on providing AEMZ with raw materials. The authorities of Krasnodar…
In April, according to the customs statistics, Russia imported 35.2 thousand tons of ferrous metals scrap from Kazakhstan.
This is more than was imported in March 1.8-fold, but lower by 23% YoY.
In January-April scrap imports reached 94 thousand tons, down by 46% YoY. (Ukrainian metal)
In April, according to the customs statistics, Russia exported 490 thousand tons of ferrous scrap to Turkey, up by 26.5% MoM and by 33% YoY. The average price on the Russian border was $280.5 per ton, up by 5.2% MoM and by 23.2% YoY. In January-April ferrous scrap exports totaled 1.6 million tons, up by…
President Petro Poroshenko has signed a decree to increase the scrap export duty to 42 euros per ton and prolong it for a year, until September 2019. On May 17 the Verkhovna Rada adopted the decree No. 8226 “On amendments to some decrees of Ukraine on the decrease of ferrous scrap on domestic market”. In…
In May 368 thousand tons of scrap were procured in Ukraine, up by 14% MoM. Of this 333 thousand tons were imported, up by 35% MoM. Scrap exports dropped to the 46% of the April volume, to 35 thousand tons. In January-May scrap procurement grew by 10%, to 1.561 million tons, with 1.31 million tons…
Scrap procuring companies of Ukraine hope that the creation of the free trade zone with Turkey will decrease the export duty on scrap. At present the Agreement on the Association of Ukraine and EU presupposes the zeroing of the export rate on scrap by 2024. In 2018 the duty dropped from 9.5 euros per ton…
Interpipe is pondering the creation of the database of unscrupulous scrap procuring enterprises in order not to cooperate with them in future. “The scrap shortage is an important factor for us, but on the other hand we are now more concerned with the quality of the raw materials we receive. We want to create the…
Ukrmetallurgprom and the Ukrainian association of secondary metals UAVtormet have addressed the Verkhovna Rada asking it to free the scrap metal operations from VAT. “This will make it impossible to some companies to carry out operations, which allow them to get the VAT reimbursed from the state budget”, the letter said. According to the letter,…
The Cabinet of Ministers has adopted a new decree on scrap procurement. Uzvtortsvetmet was ordered in two months to organize in all cities and district centers special points of acceptance of scrap from individuals. All the equipment containing ferrous and non-ferrous metals from January 1, 2019 will have to be submitted to Uzmetcombinat and Uzvtortsevtmet…
Ukrainian scrap procurers and metal companies ask the members of the Verkhovna Rada to pass the decree on de-shadowing of the scrap market. The draft decree presupposes making amendments to the current laws of scrap metal, accounting and to the Criminal Code. The decree cancels the division of the scrap into household and industrial and…
In 2018 Ukraine witnesses the falling of ferrous scrap procuring. In 5 months procurement totaled 1.51 million tons. “Since early March ArcelorMittal Kirviy Rih has been excluded from scarp procurement list. That’s some 30-40 thousand tons per month”, the UAVtormet association president and Keramet CEO Vladimir Bubley said. According to him, scrap procurement has also…
In May Russia exported 98.6 thousand tons of ferrous scrap to Belarus via railroad, down by 16.5% both MoM and YoY.
In April the results were +4.6% and -16%, and in March +27.8% and +26.4% respectively.
In January-May Russia exported 498.5 thousand tons of scrap to Belarus, down by 4.4% YoY. (Ukrainian metal)
The increase of the export duty for ferrous scrap from 30 euros per ton to 42 euros will not directly affect Ukrainian obligations under the Association agreement with EU. According to the vice-prime minister on European and Euroatlantic integration Ivanna Klympush-Tsintsadze, exporters of scrap to EU paid the duty of 7.5 euros per ton and…