Ukraine: scrap procurement up in 2021

In 2021, Ukraine procured 4.136 million tons of scrap, up by 34.6% YoY. According to the UAVtormet Association, scrap deliveries to metal companies grew by 15%, to 3.323 million tons. Exports went up 17-fold, to 615.7 thousand tons, while import dropped by 12.8%, to 23 thousand tons. As of January 1, scrap reserves amounted to…

Ukraine: scrap export duty goes up

On December 2, the Verkhovna Rada increased the scrap export duty from EUR 58 to EUR 180 per ton. The decision was supported by 242 MPs. Earlier the Ministry of Economy intended to increase the duty to EUR 200 per ton, but the Cabinet of Ministers returned the draft. Since mid-year, metal companies have been…