Ukraine: Economy Ministry to ban scrap export

The Ministry of Economy has presented for public discussion the draft of the Cabinet of Ministers’ resolution, which suggests licensing and quotation of exports of ferrous metals scrap setting the zero quota for 2025. If the resolution is adopted, the export of ferrous scrap will be prohibited, as licenses will be issued only within the…

Ukraine: scrap procurement up in Q1 2025

In January-March, Ukraine procured 505.9 thousand tons of ferrous scrap, up by 18.5% YoY. According to UAVtormet, domestic market received 401 thousand tons of scrap, up by 16.4%. Stocks at metal plants as of April 1, amounted to 20-25 thousand tons. Exports grew by 32%, to 80.9 thousand tons. (Ukrainian metal)

Ukraine: scrap export down in January 2025

In January, Ukraine decreased exports of ferrous metal scrap by 50.3% MoM, to 15.69 thousand tons. According to the State Customs Service, compared with January 2024, exports decreased by 8.5%. Thus, exports have fallen to the minimum since May 2024. The main customer was Poland, buying 15.47 thousand tons of scrap, or 98.5%. An insignificant…

Ukraine: scrap procurement to decrease in 2025

The Ukrainian Association of Secondary Metals forecasts that this year procurement of ferrous scrap will amount to 1.45-1.65 million tons, down by 5-17% YoY. Last year, Ukraine procured 1.75 million tons of scrap, up by 37%. “We expect the problems we experienced last year to aggravate this year,” the association chairman Vladimir Bublei has said.…