Ukrzaliznytsia (Ukrainian Railways) has once again announced a tender to sell scrap.
This is 16.059 thousand tons of bulk scrap No. 510 (rail scrap) with the starting price of 181.196 million UAH.
The auction will take place on March 4. (Ukrainian metal)
In January Ukraine increased scrap imports by 40.5% YoY, to 3.846 thousand tons.
The cost of scrap imported dropped by 19.7%, to $2.417 million.
The main suppliers of scrap were Turkey (54.7%), Russia (34.8%) and South Korea (8.36%). (Ukrainian metal)
In January Ukraine exported 3.14 thousand tons of scrap, down 10.8-fold YoY.
According to the State Fiscal Service, the value of the scrap exported dropped 10.6-fold, to $936 thousand.
In December 2018 Ukraine exported 7.488 thousand tons of scrap.
The main customers were Turkey (75.61%), the Netherlands (16.9%) and Germany (3.74%). (Ukrainian metal)
The state enterprise Ukrpromvneshexpertisa forecasts that in February ferrous scrap metal prices on the local market will drop by 3.4-16%, to 5.7-7.9 thousand UAH per ton. Until mid-February some drastic change of price is not expected, as rolled metal manufacturers will only begin testing opportunities to raise prices for their products. In March the increase…
In 2018 Ukraine procured 3.67 million tons of scrap, down by 2% YoY. Of this amount local companies received 3.34 million tons, up by 3%. 0.33 million tons were exported, down by 33%. In December 2018, 317 thousand tons of scrap were procured, up by 1% MoM, with 309 thousand tons supplied to local metal…
The Verkhovna Rada committee on industrial policy has unanimously supported the draft bill No. 9474, which presupposes the increase of the scrap export duty from 42 euro to 58 euro per ton for 3 years. According to the committee chairman Victor Galasyuk, the new “metal law” will liquidate the raw material shortage for the metal…
Steel scrap exports in January-November 2018 increased by 9% YoY, to 5.2 million tons. According to the customs statistics, deliveries to Turkey grew by 11.2%, to 2.288 million tons, and to Belarus – by 2%, to 1.222 million tons. At the same time sales to South Korea dropped by 8.9%, to 832 thousand tons. (Ukrainian…
In 2018 Ukraine decreased scrap exports by 33% YoY, to 327.547 thousand tons, valued at $105.646 million, down by 13.3%. According to the State Fiscal Service, in December 2018 Ukraine exported 7.488 thousand tons of scrap, in November – 3.863 thousand tons, in October – 8.274 thousand tons, in September – 7.59 thousand tons, in…
Ukrzaliznytsia (Ukrainian Railways) has started selling scrap via ProZorro.Sales system.
4 lots with the initial price of 260 million UAH have already been registered.
The auction is scheduled for January 11, 2019. (Ukrainian metal)
The Cabinet of Ministers has prolonged the exemption of the scrap trade from VAT. The government has prolonged the effect of its decree No. 15 dated January 12, 2011. Thus, all trade operations with scrap and waste of ferrous and non-ferrous metals are exempt from VAT till January 1, 2022. It is expected to improve…
The Novosibirsk subsidiary of the First Cargo Company in November increased ferrous metals scrap deliveries to 41.3 thousand tons (680 cars). Throughput grew 1.5-fold YoY, to 63.2 million ton-km. “The positive dynamics has to do with the growth of transportation to NLMK-Ural”, the subsidiary deputy director on transportation Sergey Korchagin said. The cargo was transported…
This year Ukrzaliznytsia intends to sell metal scrap valued at 300 million UAH. According to the enterprise CFO Andrei Ryazantsev, Ukrzaliznytsia now stores some 2 billion UAH worth of scrap. “This is not only cars, but also various assets, like rails”, he noted. The enterprise also has 16 thousand old cars for sale as scrap.…
The state enterprise Ukrpromvneshexpertisa believes that in January 2019 scrap deliveries to metal companies will decrease by 3.85% MoM, to 250 thousand tons. In February 2019 deliveries will further drop to 185 thousand tons because of the considerable fall of demand for imported raw materials and the seasonal factor. For December Ukrpromvneshexpertisa forecast scrap deliveries…
Volumes of scrap procurement have been falling for the past 5 years. According to the Ukrainian Association of Secondary metals (UAVtormet), procurement fell from 4.6 million tons in 2013 to 3.7 million tons in 2017. In January-November Ukrainian enterprises collected 3.35 million tons of scrap, and in 2018 are expecting to gather 3.5 million tons.…
The government of Belarus has set a state order for ferrous and non-ferrous metals scrap procurement. It is expected to procure 1.285 million tons of ferrous scrap and 19.2 thousand tons of non-ferrous scrap. The Ministry of Industry received the largest order – 470.47 thousand tons of ferrous and 5.4 thousand tons of non-ferrous scrap.…
In November Ukrainian metal companies received 309 thousand tons of scrap, up by 12% MoM. Scrap exports last month fell by 50%, to 4 thousand tons. In November procuring companies prepared 313 thousand tons of scrap, up by 10%. In January-November out of procured 3.36 million tons (down by 1% YoY), metal companies received 3.04…
In January-November Ukraine exported 320 thousand tons of scrap, down by 28.6% YoY.
In November exports amounted to 3.8 thousand tons.
At the same time deliveries of scrap to local metal plants grew by 17.4%, to 3.04 million tons in 11 months. (Ukrainian metal)
The Verkhovna Rada of Ukraine has prolonged the regime of exempting operations with ferrous and non-ferrous scrap from VAT till 2022. The corresponding bill has been voted by 248 parliament members with the necessary minimum of 226. VAT on scrap operations was cancelled in 2011. And then, in 2017, it was prolonged till January 1,…
Members of the parliament Andrey Lugovoy, Irina Guseva, Sergey Kryuchek and Boris Paykin have submitted to the State Duma the draft bill to limit cash payments when accepting scrap of ferrous and non-ferrous metals from the population. The document provides for the mandatory non-cash payment when the scrap valued over 10 thousand rubles is purchased.…
In September Russia exported 9.6 thousand tons of corrosion-resistant steel scrap valued at $11 million, down by 13.6% and by 1.7% YoY respectively. In January-September exports grew by 21.5% YoY, to 83.5 thousand tons valued at $93 million, up by 40%. According to the customs statistics, volume-wise this is the largest result for the past…
The state enterprise Ukrpromvneshexpertisa forecasts that in mid-December the average price of ferrous scrap on the domestic market will grow by 4.11% MoM, to 7756 UAH per ton. In November prices increased by 7.97% MoM, to 7450 UAH per ton. Last month metal companies continued increasing purchase prices in order to revitalize deliveries. The main…
In October NLMK-Ural received 186.3 thousand tons of scrap via railroad.
According to railroad statistics, this is up by 4.5% YoY.
In January-October scrap deliveries to NLMK-Ural grew by 3.3% YoY, to 1.47 million tons. (Ukrainian metal)
In October direct scrap deliveries to MMK totaled 283.5 thousand tons, down by 12.9% YoY.
According to the railroad statistics, in 10 months deliveries reached 1.65 million tons, up by 0.3% YoY.
Since 2012 the company has been a leader in scrap purchases via railroad. (Ukrainian metal)