ArcelorMittal Kriviy Rih supports the imposition of a ferrous scrap export ban until the end of 2023. According to the company CEO Mauro Longobardo, the main buyers of Ukrainian scrap are Turkish metal plants. Using cheaper raw materials from Ukraine they later create competition for Ukrainian companies on their own market. “Scrap goes to Turkey,…
In January-June, Ukraine increased export of ferrous scrap 13.7-fold YoY, to 230.97 thousand tons, including 84.63 thousand tons in June. According to the State Customs Service, in monetary terms exports have grown 19.2-fold, to $82.86 million. Imports went up by 36.6%, to 12.55 thousand tons valued at $22.331 million, up 2.1-fold. The main suppliers were…
Interpipe Steel has asked the Prime Minister Denys Shmyhal to prohibit the export of scrap until December 31, 2023. “Scrap is the main raw material for our operation. We depend on its availability”, the company said on its page in Facebook. According to it, the scrap procurement in Ukraine is rather complex. In 2020, procurement…
The Ukrtruboprom Association has asked the Prime Minister Denys Shmyhal to prohibit the export of ferrous scrap until the end of 2023. In his letter the association CEO Georgy Polskiy said, that in 2020 the Ukrainian pipe industry was in a difficult situation. Because of the drop in oil prices and coronavirus limitation, consumption of…
Ukrmetallurgprom has asked the Prime Minister Denys Shmyhal to temporarily prohibit the export of scrap. The association letter says the revival of the economy has resulted in a sharp increase of raw materials prices, including ferrous scrap. In a year, the price of scrap grew almost 2-fold, from $265 per ton to $468 per ton.…
In January-June, Ukraine procured 1.97 million tons of scrap, up by 42.2% YoY. The growth was due to high purchasing prices and the activity of exporters. Deliveries to metal companies went up by 26.3%, to 1653.3 thousand tons. Exports amounted to 230.9 thousand tons, up almost 14-fold YoY. Imports totaled 12.6 thousand tons, up by…
In January-June, scrap deliveries to metal companies grew by 26.3% YoY, to 1.65 million tons. Scrap procurement by metal companies went up by 42.2%, to 1.98 million tons. As of late June, scrap stocks amounted to 120-125 thousand tons. In 2020, scrap deliveries decreased by 3.9%, to 2.9 million tons. (Ukrainian metal)
Since the start of the year, Ukrzaliznytsia has successfully held 43 auctions to sell scrap in the Prozorro.Sales system. During auctions UZ generated 1.185 billion UAH of additional income. The company sold 1.03 billion UAH worth of ferrous scrap and 151.6 million UAH worth of non-ferrous scrap. Recently during 12 auctions the company has sold…
