In February Russia exported 380.4 thousand tons of ferrous scrap, up by 11% MoM and by 89% YoY. In January the results were down by 45.6%, but up by 38.7% respectively. According to the customs statistics, in January-February Russia exported 723.3 thousand tons of scrap, up by 61.2% YoY, and the highest result in the…
In March, according to the railroad statistics, direct supplies of ferrous scrap to MMK totaled 64 thousand tons, down by 8.6% MoM and by 43.7% YoY. In February the results were up by 4.3%, but down by 39%, while in January – down by 72% and by 36% respectively. In January-March the company received 192.1…
In March scrap procurers obtained 284 thousand tons of scrap, up by 2% MoM. According to Ukrmetallurgprom, of this Ukrainian metal companies received 230 thousand tons, up by 2% MoM, and 54 thousand tons were exported, up by 2%. The scrap need was only 82% covered as opposed to 93% in February. In Q1 scrap…
In January-March Ukrained increase ferrous scrap exports 3.6-fold YoY, to 140.116 thousand tons, valued at $47.788 million, up 4.1-fold. According to the State Fiscal Service, in March Ukraine exported 53.558 thousand tons of scrap, in February – 52.634 thousand tons, and in January – 33.814 thousand tons. Imports in 3 months increased by 28.6%, to…
The Verkhovna Rada Committee on industrial policy and entrepreneurship has approved the draft decree No. 8226 on amendments to the decree “On amendments to some decrees of Ukraine on the decrease of ferrous metals scrap shortage on the domestic market”. “Ukrainian plants will have raw materials, army – weapon and machines, and Ukrainians – jobs…
A decree No. 8226 has been registered in the Verkhovnaya Rada. According to one of the authors of the document, the chairman of the Parliament Committee on industrial policy Victor Galasyuk, the decree suggests prolonging the so-called metal law and increasing the export duty on scrap to 42 euro per ton. “This is equal to…
The state enterprise Ukrpromvneshexpertisa forecasts that by mid-April the price of ferrous metals scrap will drop by 3.5%, to some 8.3 thousand UAH per ton, compared with late March. According to the company deputy director Yuri Dobrovolski, the drop will have to do with the downgrading trends on the world markets, as well as the…
In February deliveries of scrap metal to Ukrainian metal works dropped by 20 thousand tons MoM, to 225 thousand tons, or 93% of the need. According to Ukrmetallurgprom, in January-February metal companies received 470 thousand tons of scrap, up by 3% YoY, or 97% of the need. In February scrap stocks at metal companies grew…
In 2017 Russia exported 5.37 million tons of steel scrap, down by 4.4% YoY. According to the customs statistics, this is the lowest volume of exports in the past 4 years. Revenue increased by 21%, to $1.329 billion. Turkey imported the most scrap – 44% of the volume, down by 3.9%, but Russia’s revenue grew…
Interpipe notes the minimal shortage of scrap in winter on the local market, but forecasts the worsening of the situation in spring. “The market will still feel shortage. The seasonal growth of steel manufacture will start in April, winter stocks of scrap will run low, and the shortage of the raw material will be felt”,…
In 2017 Russia imported 686 thousand tons of ferrous scrap from Kazakhstan, up 1.7-fold YoY. This was also the highest volume of Kazakh scrap exports to Russia. Scrap price on Russian-Kazakh border in December 2017 was $226.2 per ton, down by 5.7% MoM, but up by 42% YoY. Some 45% of exports go to Chelyabinsk…
The state enterprise Ukrpromvneshexpertisa forecasts that in February deliveries of ferrous metals scrap to metal companies will decrease by 4.55% MoM, or by 10 thousand tons, to 210 thousand tons. According to the enterprise deputy director Yuri Dobrovolsky, last month traders and procurers tried to faster unload their warehouses in order not to sell scrap…
The Ukrainian budget has received three times more funds from the duty on scrap metal exports (UAH 343 million/$12.7 million instead of UAH 112 million/$4.1 million) over the year when an increased rate of the export duty on scrap metals was in effect. “We have very positive results of our “metallurgy law” with Oleh Lyashko…
In January Ukraine procured 279 thousand tons of scrap, up by 16% YoY, but down by 22% MoM.
Of this volume domestic metal companies received 245 thousand tons, down by 20% MoM, but up by 7% YoY.
Exports decreased by 35% MoM, but grew 3.4-fold YoY, to 34 thousand tons. (Ukrainian metal)
In 2017 the state company Ukrzaliznytsia supplied 48.5 thousand tons of metal scrap to Interpipe. “Ukrzaliznytsia’s entering the scrap market was a very important and long-awaited move. They sold 157.2 thousand tons of ferrous metals scrap, and we bought 48.5 thousand tons from them”, Interpipe CFO Denis Morozov said. According to him, those companies that…
The state enterprise Ukrpromvneshexpertisa believes that in February ferrous scrap prices will increase by 2.56% MoM, or by 200 UAH per ton. “At present the price is around 7800 UAH (per ton). That’s some 700 UAH more than in mid-December 2017. I think by the end of the month it will have increased by 200…
In December 2017 scrap procuring companies procured 357 thousand tons of scrap, up by 12% MoM, of which 305 thousand tons were supplied to the metal companies, up by 13%, and 52 thousand tons exported, up by 8%. The scrap provision rate was 104%. In 2017 out of 3.79 million tons of scrap procured, up…
In 2017 Ukrainian metal works purchased 2.83 million tons of scrap, down by 12.7% YoY. Scrap covered only 90% of the need. The average usage of purchased scrap was 133 kg per 1 ton of steel. At the same time exports of scrap in 2017 increased by 78.5% YoY, to 486.5 thousand tons. The major…
In October, according to the Customs Statistics, Russia exported 12.3 thousand tons of corrosion-resistant steel scrap and waste valued at around $12.5 million, up by 10.4% MoM and by 18.3% YoY. Moreover, this is the second highest result for the past several years (the largest was recorded in June 2011 – 16 thousand tons). Revenue…
In 2017 ferrous scrap procuring companies will amass 3.7 million tons of scrap, and 80% (2.96 million tons) will be in the shade. As the result the budget will get only 53.3 million UAH. “One of the main issues is the deshading of the scrap market”, Ukrmetallurgprom president Alexander Kalenkov believes. According to him, in…
In November Ukrainian metal companies were supplied with scrap at 96%. According to Ukrmetallurgprom, last month scrap-procuring companies prepared 318 thousand tons, up by 2% MoM. Of this volume local metal companies received 270 thousand tons, while 48 thousand tons were exported, up by 20% MoM. In January-November out of 3.4 million tons of scrap…
The road police of Belarus have detected a truck with metal scrap without any registration marks on the road to the Russian border. The police tried to stop the truck, but it turned to another road. When the truck entered the forest the police opened fire. After 16 shots the rear wheel was damaged. When…
In September, according to the customs statistics, Russia exported 11.1 thousand tons of corrosion-resistant steel waste and scrap, down by 5.4% YoY, but up 2.1-fold YoY. Revenue increased by 2.2% MoM and 2.3-fold YoY, to $10.8 million. In January-September Russia exported 68.7 thousand tons of scrap, up by 17.2% YoY, valued at $66.1 million, up…
The Cabinet of Ministers has set the state order for procurement of ferrous and non-ferrous scrap and wastes for state (republican) needs. The customer is the state enterprise on procurement, processing and supply of scrap Belvtormet. The state order for Q1 2018 is 20%, for Q2 – 30%, for Q3 – 25% and for Q4…
In January-October the average delivery of ferrous metals scrap via railroad to metal works was 4.7 days, down by 1.3% YoY. The longest delivery (5.8 days) was in 2012. This year for batches of up to 260 tons (76% of all the deliveries) the speed was 4.8 days, for 260-520 tons (16%) – 4.2 days,…
Metinvest-Resource LLC and ArcelorMittal Kriviy Rih have won at three auctions on the sale of Ukrzaliznytsia scrap. In particular, Metinvest-Resource purchased 15 thousand tons of bulk scrap for 102.27 million UAH, or 6818 UAH per ton. The initial price was 94.2 million UAH, or 6280 UAH per ton. AMKR won two auctions – 7 thousand…