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…

Ukraine: scrap export up in January-October 2021

In January-October, Ukraine exported 503.496 thousand tons of ferrous scrap, up 15.6-fold YoY, with 48.098 thousand tons exported in October (32.374 thousand tons last October). According to the State Customs Service, in monetary terms exports grew 24.5-fold, to $195.742 million. Imports in 10 months went up by 30%, to 19.761 thousand tons valued at $37.444…