The state enterprise Ukrpromvneshexpertisa forecasts that in April scrap stocks at metal companies will grow by 15.4% MoM, to 75 thousand tons. Scrap stocks as of the end of February dropped to 79 thousand tons, or by 55% MoM. Scrap stocks in working days fell to 9 days, or by 25% below the norm. The…
The state enterprise Ukrpromvneshekspertisa forecasts that in April scrap deliveries to metal companies will grow by 7% MoM, to 245 thousand tons. In March deliveries will grow considerably on the basis of increasing purchasing prices and seasonal improvement of procurement. In April-May delivery level will be roughly on the same level. The forecast volumes of…
Interpipe may start importing scrap to cover the shortage on the local market. “So far we see only one option – long-term imports”, the company CFO Denis Morozov said. “At the same time, unfortunately, Ukrainian infrastructure is not ready for scrap imports – neither ports, nor railroad”, he added. Scrap is the main raw material…
In 2018 Russia exported 109.2 thousand tons of corrosion-resistant steel scrap valued at $120 million, up by 0.7% and by 13% YoY respectively. This is also the highest result in 10 and 6 years respectively. Scrap with nickel contents of 8% and more accounted for some 75% of exports. (Ukrainian metal)
The Ministry of Industry and Trade intends to hold a number of meetings with the management of the major metal companies to discuss a potential embargo on the steel scrap export. According to a ministry representative, the issue has to do with the trend to limit the export of scrap as a product of the…
In February scrap procurement dropped by 41% MoM, to 136 thousand tons. Delivery to metal companies fell by 44%, to 128 thousand tons, while exports grew by 267%, to 8 thousand tons. In January-February scrap procurement decreased by 38% YoY, to 356 thousand tons, with deliveries to metal companies down by 39%, to 354 thousand…
The Russian Industry and Trade Ministry may ban exports of ores and concentrates of non-ferrous metals as well as scrap and waste of precious metals from May 1 through October 31. The draft ruling’s note said that the capacities of the Russian precious metals refineries were loaded by less than 30% in 2018, while revenue…
In 2018 Russia exported 5.74 million tons of scrap valued at $1660 million, up by 6.9% and by 24.9% YoY respectively. Turkey accounted for some 43% of the purchases, up by 4.9%. In December 2018 the average prices was $256 per ton, up by 2%. The share of Belarus is 24.2%, up by 4.8%, and…