In March, Ukraine procured 291.9 thousand tons of scrap, down by 9.1% MoM. Scrap deliveries to metal companies dropped by 12.1%, to 259.1 thousand tons. In Q1, scrap procurement grew by 28.2%, to 931.1 thousand tons, and deliveries to metal companies – by 23.1%, to 837.7 thousand tons. Export went up 4.3-fold, to 49.1 thousand…
In January-March, Ukraine increased ferrous metals scrap exports 4.3-fold YoY, to 49.11 thousand tons, including 18.92 thousand tons in March. According to the State Customs Statistics, in monetary terms exports grew 5.7-fold, to $16.65 million. Imports went up by 85.2%, to 5.61 thousand tons valued at $9 million, up 2.5-fold. The main suppliers were Turkey…
In January-March, Ukraine scrap procurement grew by 28.2% YoY, to 930 thousand tons. The growth was due to high purchasing prices of metal companies. In Q1, metal companies received 837.7 thousand tons of scrap, up by 23.1% YoY. Stocks are estimated at 180 thousand tons. Exports amounted to 49.1 thousand tons, up almost 3-fold YoY.…
The Verkhovna Rada Committee on the integration of Ukraine into the European Union has approved of the bill No. 5175, which suggests prolonging the export duty on scrap in the amount of 58 euros per ton for 5 more years. The committee members have recommended the Committee on the Economic Development together with the Ministry…
A government decree has been signed on imposing a temporary ban on export of scrap and waste of ferrous metals from Kyrgyzstan outside the customs territory of the Eurasian Economic Union, the press service of the Cabinet of Ministers reports. The export ban is imposed for a period of six months. It applies to scrap…
Since the start of the year Ukrzaliznytsia has successfully carried out 27 auctions in the Prozorro.Sales system to sell ferrous scrap. In particular, on March 9-11 the company held 16 auctions selling 85.6 thousand tons of scrap for 569.1 million UAH. Last year, the company sold 145 thousand tons of scrap for 567 million UAH.…
In January-February, Ukraine exported 30.189 thousand tons of ferrous scrap valued at $10.087 million, up 2.8-fold and 3.7-fold YoY respectively. According to the State Customs Service, imports grew by 95.6%, to 3.132 thousand tons valued at $5.179 million, up 2.6-fold. The main suppliers were Turkey (63.35% in monetary terms), Russia (27.77%) and the USA (7.86%),…
In January-February, Ukraine procured 639.2 thousand tons of scrap, up by 49.2% YoY. The increase is due to high prices. Scrap deliveries to metal companies grew by 45.7%, to 578.6 thousand tons. Scrap stocks are estimated at 250 thousand tons. Exports amounted to 30.2 thousand tons, up by 300%, while imports increased from 1.6 thousand…
Ukrzaliznytsia has announced 11 auctions to sell scrap with the combined weight of 71.4 thousand tons in the ProZorro.Sales system. The combined starting price is 467.9 million UAH. Average price is 6.553 thousand UAH per ton. The auctions will be held on March 9. Since the start of the year, the company has sold 51.3…
A draft decree No. 5175 to prolong the ferrous scrap export duty in the amount of 58 euro per ton for 5 years has been registered in the Verkhovna Rada. The accompanying note says that the positive effect of the duty has been noticed since its implementation in 2016. In particular, while in 2015 scrap…
Most of the auctions of Ukrzaliznytsia to sell scrap scheduled for February 23 have not taken place. In particular, 11 lots with the combined amount of 550 million UAH have been canceled. Only one auction was not canceled – 3.8 thousand tons with the expected cost of 19.296 million UAH. (Ukrainian metal)
The Ukrzaliznytsia’s metal scrap auctions scheduled for February 23 are under threat through the fault of the company itself. According to a source, the company has placed lots with initial price a third higher than the market price. “This means, there would be no buyers, they will simply not accept such conditions,” the source said.…
Ukrainian metal companies support the prolongation of the current export duty on scrap in the amount of 58 euro per ton. “The export duty has brought a lot to the budget. Payments to the budget from the processed scarp exceeded export payments 8.5-fold. In September, the duty expires. We ask the government to keep the…
In January, scrap companies increased deliveries by 53.7% YoY, to 283.7 thousand tons. Metal companies were provided with ferrous scrap on the level of 142.6%. As of February 1, scrap stocks totaled 170-175 thousand tons. Metinvest enterprises and Dneprovsky Iron and Steel Combine received 171.5 thousand tons, up from 101.9 thousand tons in January 2020.…
In January, metal companies received 283.7 thousand tons of scrap, up by 53.7% YoY. Metinvest enterprises and Dneprovsky Iron and Steel Combine were the largest customers – 171.5 thousand tons, up by 82.8%. Interpipe Steel received 44.6 thousand tons (+2.4%) and ArcelorMittal Kriviy Rih – 58.1 thousand tons (+77.1%). As of late January, scrap stocks…
On January 18, Ukrzaliznytsia held an online auction at Prozorro.Sales with 12 lots of scrap. The company was able to sell 6 lots. Customers bought 8.9 thousands tons of scrap valued at 75.3 million UAH. The initial price of 6 lots was 50.4 million UAH. Thus during the auction the price rose by 49.7%. The…
In December 2020, scrap deliveries to metal companies grew by 33.1% YoY, to 288.6 thousand tons. At the same time, in 12 months they dropped by 3.9%, to 2.9 million tons. The largest scrap recipients were Metinvest enterprises and Dneprovsky Iron and Steel Combine – 175 thousand tons, up by 37.9%, Interpipe Steel – 52…