Russia: Kremlin wants scrap market modernized

The Russian president Vladimir Putin has ordered the government to develop suggestions on the upgrading of the scrap sphere. The suggestions should touch the rules of scrap procurement and sales, including using digital platforms. The suggestions should be ready by May 31. The Russian scrap market is estimated at 1 trillion rubles per year. (Ukrainian…

Ukraine: scrap prices to grow in March 2019

The state enterprise Ukrpromvneshekspertisa forecasts that in March ferrous scrap prices will grow by 3-12.5% MoM, to $315-340 per ton. The price could grow following the increase in price of rolled metal. At the same time, in April the experts expect a drop of export quotations because of the decrease in demand and the seasonal…

Ukraine: Ukrzaliznytsia prohibits scrap shipping to AMKR

Ukrainian Railways (Ukrzaliznytsia) has prohibited the transportation of metal scrap to ArcelorMittal Kriviy Rih.

According to the enterprise report, scrap is prohibited to be delivered to the Krivoy Rog-Main station.

The prohibition runs from February 18 till February 21. (Ukrainian metal)

 

Ukraine: Ukrzaliznytsia repeatedly auctioning scrap

Ukrzaliznytsia (Ukrainian Railways) has once again announced a tender to sell scrap.

This is 16.059 thousand tons of bulk scrap No. 510 (rail scrap) with the starting price of 181.196 million UAH.

The auction will take place on March 4. (Ukrainian metal)

Ukraine: scrap imports up in January 2019

In January Ukraine increased scrap imports by 40.5% YoY, to 3.846 thousand tons.

The cost of scrap imported dropped by 19.7%, to $2.417 million.

The main suppliers of scrap were Turkey (54.7%), Russia (34.8%) and South Korea (8.36%). (Ukrainian metal)

Ukraine: scrap exports down in January 2019

In January Ukraine exported 3.14 thousand tons of scrap, down 10.8-fold YoY.

According to the State Fiscal Service, the value of the scrap exported dropped 10.6-fold, to $936 thousand.

In December 2018 Ukraine exported 7.488 thousand tons of scrap.

The main customers were Turkey (75.61%), the Netherlands (16.9%) and Germany (3.74%). (Ukrainian metal)

Ukraine: scrap prices to drop in February 2019

The state enterprise Ukrpromvneshexpertisa forecasts that in February ferrous scrap metal prices on the local market will drop by 3.4-16%, to 5.7-7.9 thousand UAH per ton. Until mid-February some drastic change of price is not expected, as rolled metal manufacturers will only begin testing opportunities to raise prices for their products. In March the increase…

Ukraine: scrap exports down in 2018

In 2018 Ukraine decreased scrap exports by 33% YoY, to 327.547 thousand tons, valued at $105.646 million, down by 13.3%. According to the State Fiscal Service, in December 2018 Ukraine exported 7.488 thousand tons of scrap, in November – 3.863 thousand tons, in October – 8.274 thousand tons, in September – 7.59 thousand tons, in…

Ukraine: Ukrzaliznytsia to sell 260 million UAH worth of scrap on ProZorro

Ukrzaliznytsia (Ukrainian Railways) has started selling scrap via ProZorro.Sales system.

4 lots with the initial price of 260 million UAH have already been registered.

The auction is scheduled for January 11, 2019. (Ukrainian metal)

Ukraine: scrap deliveries to drop in early 2019

The state enterprise Ukrpromvneshexpertisa believes that in January 2019 scrap deliveries to metal companies will decrease by 3.85% MoM, to 250 thousand tons. In February 2019 deliveries will further drop to 185 thousand tons because of the considerable fall of demand for imported raw materials and the seasonal factor. For December Ukrpromvneshexpertisa forecast scrap deliveries…

Ukraine: scrap procurement falling for 5 years

Volumes of scrap procurement have been falling for the past 5 years. According to the Ukrainian Association of Secondary metals (UAVtormet), procurement fell from 4.6 million tons in 2013 to 3.7 million tons in 2017. In January-November Ukrainian enterprises collected 3.35 million tons of scrap, and in 2018 are expecting to gather 3.5 million tons.…

Ukraine: scrap exports down in January-November 2018

In January-November Ukraine exported 320 thousand tons of scrap, down by 28.6% YoY.

In November exports amounted to 3.8 thousand tons.

At the same time deliveries of scrap to local metal plants grew by 17.4%, to 3.04 million tons in 11 months. (Ukrainian metal)