In March, deliveries of scrap to metal companies reached 260-270 thousand tons, and in Q1 – 660-680 thousand tons. This allowed providing companies with scrap at the level of 110-113%. Scrap stocks are now high – 130-135 thousand tons. According to UAVtormet president Vladimir Bubley, 2020 will see decrease in scrap procurement by 12-15% in…
In late March – early April, ferrous scrap prices in Ukraine started decreasing. The first decrease happened on March 25 – by 100 UAH per ton, and on April 1 the price dropped by 150 UAH, to 4600 UAH per ton. Thus, the price decreased to its February level. (Ukrainian metal)
In January-February, Ukraine did not export any scrap. 397 thousand tons of scrap were procured in the country, up by 12% YoY. And everything was supplied to domestic metal companies. (Ukrainian metal)
In January-February, Ukraine exported 10.879 thousand tons of ferrous scrap, down by 4.5% YoY, valued at $2.728 million, down by 13.6% According to the State Tax Service, in January exports totaled 2.865 thousand tons and in February – 8.014 thousand tons. Imports in 2 months decreased by 70%, to 1.601 thousand tons, valued at $1.969…
In late January Ukrzaliznytsia sold 21 lots of metal scrap with the combined weight of 51.1 thousand tons valued at 215 million UAH. 12 lots mostly with metal shavings were ignored by the auction participants. ArcelorMittal Kriviy Rih bought 11.7 thousand tons of scrap for 48.5 million UAH, Metinvest-Resource – 17 thousand tons (761 million…
In January 184 thousand tons of scrap were procured in Ukraine, down by 20% YoY. All the scrap was supplied to domestic metal companies. No scrap was exported in January. (Ukrainian metal)
The state defense concern Ukroboronprom (UOP) has started optimizing scrap sales and has already discussed the problematic issues with major customers and procuring companies. UOP intends to inventory and evaluate the scrap sources. So far the enterprise can name neither the volumes of scrap, nor the structure of stocks. This issue will be cleared in…
In January Ukraine exported 2,865 thousand tons of scrap, down by 8.8% YoY, valued at $795 thousand, down by 15.1%. According to the State Tax Service, in December 2019, 1,270 thousand tons of scrap were exported. At the same time, in January Ukraine imported 392 tons of scrap, down by 89.8%, valued at $446 thousand,…
