In September scrap procurement grew by 6% MoM, to 238 thousand tons. Of this local metal companies received 235 thousand tons, up by 4%, and 3 thousand tons were exported (no exports in August). In January-September of 2.381 million tons of scrap procured (down by 13% YoY) 2.34 million tons were supplied to local metal…
The government has postponed from January 1 to April 1, 2020 the implementation of the scrap exports only via stock exchanges. At the same time the quota on the export of metals will expire on December 31 and will not be prolonged. The officials believe the exchange trade will improve transparency of the scrap market.…
In January-September Ukraine exported 40.63 thousand tons of scrap, down 7.6-fold YoY, valued at $11.27 million, down 8.9-fold. According to the State Fiscal Service, in September Ukraine exported 3.55 thousand tons of scrap, in August – 155 tons, in July – 204 tons, in June – 208 tons, in May – 8.09 thousand tons, in…
The start of the metal exports via sales at an exchange, scheduled for January 1, 2020, could be postponed. The corresponding draft decree has been sent to the government. In particular, the Ministry of Industry and Trade wants the exchange sales not to start in 2020, but wants some kind of a transition period. The…
AVA-Trade LLC aluminum works was not able to contest additional taxes of over 23.9 million rubles and a fine of 1.4 million rubles. The company filed a suit to the court demanding to cancel the decision of the Tax service. The service found violations of the tax legislation and decided to impose additional taxes of…
In September scrap exporters were unable to sell scrap, as they could not get the exporting licenses on time. The new order to export scrap came into effect on September 1. And the export to the countries other than the EAEU had to be quoted, with the total amount reaching 1 million tons until the…
Property of a major non-ferrous metals scrap processor Vtormet Industrial Company LLC has been put up for sale with the initial price of 2.5 billion rubles. All the property (11 automobiles, manufacturing machinery, secondary raw materials, scrap and wastes) are auctioned as a single lot. The debt of 387 million rubles is also included in…
In August Ukraine procured 225 thousand tons of scrap, up by 17% MoM. All the scrap was delivered to the domestic metal companies, there were no exports. In 8 months out of 2.143 million tons of scrap procured (down by 13% YoY) domestic companies received 2.106 million tons (down by 3%), and 37 thousand tons…
The government has prolonged for 2 years the ban to export steel scrap, including pipes, rails, and elements of railroad and rolling stock.
Stainless steel scrap exports are allowed provided the contracts are registered with the Ministry of Economy not later than 5 days before shipping.
The ban was introduced in October 2018. (Ukrainian metal)
In January-August Ukraine exported 37.082 thousand tons of ferrous metals scrap, down 8.1-fold YoY, valued at $10.259 million, down 9.6-fold. In particular, in August Ukraine exported 155 tons of scrap, in July – 204 tons, in June – 208 tons, in May – 8.086 thousand tons, in April – 8.791 thousand tons, in March –…
The Federal Antimonopoly Service has allowed a company affiliated with Translom to buy the Sinara Group scrap procuring business. According to the analysts the merged company will not control more than 14% of the scrap market. In particular, Germes was allowed to buy TMK-Chermet. There are no companies with the market share over 35% in…
The Russian government has set up a 1.009-million ton quota for exports of ferrous metal scrap and waste to the countries outside the Eurasian Economic Union starting from September 1 until the end of 2019, the government said in a ruling published on the website for disclosure of data on state procurements. The Industry and…
On August 21 Ukrzaliznytsia (Ukrainian Railways) sold six batches of scrap valued at 34.6 million UAH. The scrap was sold at the Prozorro Sale auctions. Energosteel purchased 2.6 thousand tons of scrap for 15.4 million UAH. Dneprostal bought 1.6 thousand tons of axle scrap for 9.2 million UAH, as well as 0.155 thousand tons of…
In June Russia exported 590.3 thousand tons of scrap, up by 17.5% YoY and by 31% MoM. According to the Federal Customs Statistics, in 6 months exports dropped by 13%, to 2.44 million tons. Turkey remains the main customer accounting for 44% of all Russian scrap exports, down by 15%. Average price in June was…
The state concern Ukrpromvneshekspertisa forecasts that prices of ferrous scrap will fall by 3.5-3.6%, to 5.3-5.5 thousand UAH per ton. Local metal companies will be cautiously decreasing the price of raw materials purchased due to the drop of rolled metal cost on world markets. But the price drop will not be considerable, as scrap procurement…
The Moscow subsidiary of the First Cargo Company in January-July transported 946 thousand tons of ferrous scrap, up by 6% YoY. “This year our key clients – Severstal and NLMK – have increased loading of ferrous scrap due to the high demand on the domestic market”, the subsidiary deputy director on transportation Sergey Pronin said.…
Ukrzaliznytsia (Ukrainian Railways) is auctioning another batch of scrap via the Prozorro.Sales – the company is offering 12 lots with the combined weight of over 73 thousand tons. The initial price is almost 379 million UAH, but the company intends to receive at least 400 million UAH. The auctions will be held in August. The…
In July Ukraine procured 192 thousand tons of scrap, down by 41% MoM. All the scrap procured was supplied to the domestic metal enterprises. No scrap was exported. In 7 months of 1.918 million tons of scrap procured (down by 12% YoY) domestic companies received 1.881 million tons (down by 1%), while 37 thousand tons…
In January-June Ukraine imported 39.394 thousand tons of scrap valued at $22.024 million, up by 52.7% and by 0.1% YoY respectively. According to the State Fiscal Service, the main suppliers were Turkey (49.5%), Russia (41.65%) and the Netherlands (3.02%). Ukraine also imported 488 tons of hot-briquetted iron from Russia valued at $166 thousand, as opposed…
In January-July Ukraine decreased steel scrap exports 7.6-fold YoY, to 36.297 thousand tons, valued at $10.186 million, down 9.1-fold. According to the State Fiscal Service, in July Ukraine exported 0.204 thousand tons of scrap, in June – 0.208 thousand tons, in May – 8.086 thousand tons, in April – 8.791 thousand tons, in March –…
The Russian president Vladimir Putin has granted the Russian Guard and the Ministry of Defense the right to sell their scrap of ferrous and non-ferrous metals without auctions to TransLom. The products of armament and military machines cannot be sold. TransLom is the ex-RZD company. Since October 2016 its revenue increased 2-fold in 2018, to…
Russia can limit the export of ferrous and non-ferrous metals scrap to countries, which are not parts of the Eurasian Economic Union from January 1, 2020. The exports will be limited to the volumes purchased at the exchange. This will make the scrap exports more transparent. For the past 10 years Russia has been procuring…
In May Russia increased scrap imports from Kazakhstan by 19% YoY, to 59 thousand tons.
At the same time, in monthly terms imports fell by 31%.
In January-May Russia imported 268.3 thousand tons of scrap from Kazakhstan, up by 72%.
Average price in May on Russian border was $234.4 per ton. (Ukrainian metal)
In June Ukraine procured 324 thousand tons of scrap, down by 10% MoM. All the amount was supplied to the domestic metal companies, down by 8%. No scrap was exported in June (8 thousand tons in May). In January-June 1725 thousand tons of scrap were procured, down by 9% YoY. Domestic metal companies received 1688…