The Metinvest group estimates the need of its enterprises in scrap in 2022 on the level of 1.9 million tons. Taking into account the current balance of customers and potential exports, which is expected to be around 150 thousand tons, the group sees the level of procurement at least not below the 2021 level. The…
The Ukrainian Association of Secondary Metals (UAVtormet) forecasts that this year ferrous scrap procurement will decrease following a growth in 2021. Average procurement is estimated at 3 million tons, down by 27.5%. Scrap deliveries to metal companies will amount to 2.8 million tons, down by 15.7%, while export will drop from 615.7 thousand tons to…
For the second time in 6 months Armenia is prolonging the ban to export metal scrap. The decision was taken on January 20. The ban was imposed to allow local manufacturers developing their own production using scrap and waste of non-ferrous metals and alloys. According to statistics, in January-September 2021 metal output totaled over 70…
In 2021, Ukraine increased scrap export 17.2-fold YoY, to 615.7 thousand tons valued at $238.9 million, up 25.2-fold. According to the customs statistics, in December 2021, exports grew 28.7-fold, to $27 million, and 23.6-fold, to 68.2 thousand tons. The main customer was Turkey (84.85%), followed by Romania (6.7%) and Poland (3.45%). Imports in 2021 dropped…
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…
Kyrgyzstan imposed a temporary ban on the export of scrap metal outside the countries of the Eurasian Economic Union. The corresponding decree of the Cabinet of Ministers was signed by its head Akylbek Japarov. The document stipulates that within six months it is forbidden to export scrap and waste of ferrous metals from Kyrgyzstan outside…
Ukrzaliznytsia has successfully held 10 out of 13 auctions to sell non-ferrous metal scrap having received 52.1 million UAH. 602.7 tons of scrap was sold. Three auctions were cancelled due to the insufficient number of participants. During trade, the cost of lots grew by 10.5%, or by 5 million UAH. The scrap included copper, lead,…
Darnitsa Wagon-Repair Plant, a subsidiary of Ukrzaliznytsia, has failed to buy 640 tons of scrap valued at 21 million UAH. The auction was cancelled due to the lack of participants, as only Metinvest-SMC LLC wanted to participate. The plant intended to receive scrap until the end of the year. (Ukrainian metal)
