In 2016 scrap procurement in Ukraine is expected on the level of 2015.
Ferrous metals scrap is Ukraine’s main strategic raw materials of secondary resources, said 86% of the experts, surveyed under the “Strategic raw material resources for Ukraine’s development by 2020”. 64% said the scrap export limitations would promote the country raw material security.
The Prime Minister of Ukraine Arseny Yatsenyuk admits the ferrous scrap export duty can increase.
The ministry for economical development and trade has developed a new decree on metal scrap to increase transparency of business and metal companies supplies.
The Verkhovnaya Rada of Ukraine has received a decree to implement changes to Article 4 of the Ukrainian Decree “On metal scrap”.
Metallurgprom believes the optimal level for scrap export duty is 50 euro per ton.
Ukrpromvenshexpertisa state enterprise says metal companies currently stock low volumes of scrap.
The State Border Service of Ukraine has detained three Ukrainians who have been taking radioactive metal scrap from the exclusion zone.
In January-October Ukraine exported 1124.98 thousand tons of scrap, up by 41.1% YoY (from 797.48 thousand tons).
The tax reform stipulates the implementation of the income tax for the ferrous and non-ferrous metal scrap.
The state informational-analytical center Gosvneshinform says the export prices for steel scrap have decreased by 5-10%.
Ukraine’s Prime-Minister Arseny Yatsenyuk has ordered the minister for economic development and trade Aivaras Abromavichus to deal with the metal scrap deficiency.
Taking advantage of the ceasefire in the East of Ukraine, the Russia-supported terrorists plunder Ukrainian companies, said general-major Boris Kremnitsky, the head of Ukrainian part of the Control and ceasefire center.
The State Border Guard has prevented the illegal export of 69 thousand tons of scrap to the Russia-annexed Crimea.
The Federation of Metal Manufacturers of Ukraine has requested ferrous scrap export limits in the second half of 2015.
In June scrap deficiency for domestic consumption totaled 100 thousand tons, or 26% of the needs.