Under the program to protect environment Trubodetal is gathering manufacturing waste and submitting it for processing. Last year the company gathered 6.5 thousand tons of metal scrap. Apart form scrap, the company also submits for reuse and processing other waste: polyethylene, wood, and paper. The waste is gathered in special containers situated on the territory…
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…
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…
The state enterprise Ukrpromvneshekspertisa forecasts that in March ferrous scrap deliveries to metal companies will grow by 50% MoM, to 210 thousand tons. In February deliveries will be insignificant due to the low procurement level. At the same time in March and April deliveries will grow because of the expected increase in price and better…
In order to decrease the shadow economy on the scrap market, the income tax of the population has to be decreased from the current 10% to 5% for private entrepreneurs. The Latvian association of waste procurement has voiced this to the Ministry of Finances. At present the higher tax does not allow Latvian companies to…
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)
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)
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)
