The industrial policy and entrepreneurship commission of the Verkhovnaya Rada has supported the decree on the metal scrap export duty increase.
The Ministry of economical development and trade has allowed exporting 143.8 thousand tons of metal scrap.
The Ministry of economical development and trade will be giving ferrous scrap export quotas.
The Cabinet of Ministers has simplified the registration of the ferrous metals scrap export contracts.
In January-February Ukraine exported 9.99 thousand tons of ferrous metals scrap, down by 92.7% YoY.
Ukrainian Metallurgists Federation and Metal and Miner Union have addressed the President Petro Poroshenko asking him to prevent implementation of the new railroad transportation tariffs and review the balance of scrap procurement and local consumption for 2016.
In February scrap procurement totaled 181 thousand tons, with local market shortage at 53 thousand tons, or 23% of the needs (234 thousand tons).
Metallurgprom has asked the Prime-Minister Arseny Yatsenyuk and the Ministry of economical development and trade to help in limiting ferrous scrap exports as the local market suffers from its shortage.
The ministry of economical development and trade wants to keep high scrap export levels despite the catastrophic shortages on the local market.
The Ministry of economical development and trade plans to create a list of equipment needed to conduct operations with metal scrap.
The state enterprise Ukrpromvneshexpertisa believes the UAH devaluation will have a negative effect on the local ferrous metals procurement.
The State Security Service has stopped a railroad car with scrap metal heading to the occupied territory via Konstaninovka station.
Ukrzaliznytsia (Ukrainian railways) plans to export scrap metal and asks the Ministry of infrastructure to help.
The Ministry of economic development and trade wasn’t able to come to terms with metal companies as to scrap procurement and export in 2016.
Metallurgprom and Federation of Metallurgists of Ukraine have addressed the deputies to support the decrees on increasing ferrous scrap export duty from 10 euro per ton to 35 euro for 3 years and cancel the 5% import duty.
In January scrap deficiency for local consumption totaled 105 thousand tons, or 40% of the volume needed (267 thousand tons).
In Severodonetsk law-enforcers met with entrepreneurs who procure and sell ferrous and non-ferrous metals scrap.
In 2015 Ukraine exported 17.1 million tons of scrap metal, down by 15%, or by 3.1 million tons YoY.
In 2015 ferrous scrap procurement in Ukraine fell to 4.3 million tons, down by 1 million tons, or by 19% YoY.
Verkhovnaya Rada will review the decree of changes into some Ukrainian laws as to the decrease of ferrous scrap deficiency on the local market in order to meet defense industry demands and restore infrastructure.