The Russian president Vladimir Putin has granted the Russian Guard and the Ministry of Defense the right to sell their scrap of ferrous and non-ferrous metals without auctions to TransLom. The products of armament and military machines cannot be sold. TransLom is the ex-RZD company. Since October 2016 its revenue increased 2-fold in 2018, to…
Russia can limit the export of ferrous and non-ferrous metals scrap to countries, which are not parts of the Eurasian Economic Union from January 1, 2020. The exports will be limited to the volumes purchased at the exchange. This will make the scrap exports more transparent. For the past 10 years Russia has been procuring…
In May Russia increased scrap imports from Kazakhstan by 19% YoY, to 59 thousand tons. At the same time, in monthly terms imports fell by 31%. In January-May Russia imported 268.3 thousand tons of scrap from Kazakhstan, up by 72%. Average price in May on Russian border was $234.4 per ton. (Ukrainian metal)
In June Ukraine procured 324 thousand tons of scrap, down by 10% MoM. All the amount was supplied to the domestic metal companies, down by 8%. No scrap was exported in June (8 thousand tons in May). In January-June 1725 thousand tons of scrap were procured, down by 9% YoY. Domestic metal companies received 1688…
In January-June Ukraine exported 36.723 thousand tons of scrap, down 7.4-fold YoY, valued at $10.086 million, down 8.8-fold. According to the State Fiscal Service, in June 0.208 thousand tons of scrap were exported, in May – 8.086 thousand tons, in April – 8.791 thousand tons, in March – 8.246 thousand tons, in February – 8.252…
The Russian government has made a decision to impose temporal quoting of scrap exports. From July 1 till December 31, the delivery of ferrous metals scrap and wastes to countries other than EAEU members will be subject to quantitative limitations. The Ministry of Finances and the Ministry of Economical Development have approved of the decision.…
Representatives of Moldova Iron and Steel Works held talks with Ukrainian companies on the resumption of scrap deliveries. “In April and May there were no deliveries. But I know for sure, that their representatives have come to Ukraine for negotiations. There are risks, especially in winter, when scrap procurement in Ukraine falls”, Interpipe CFO Denis…
5 new auctions to sell scrap, organized by Ukrzaliznytsia in the ProZorro system, have been announced not taken place. In particular, no offer came for the lots auctioned on June 3. The auctions had to take place on June 18. (Ukrainian metal)
