In January-June the average delivery time of ferrous scrap to metal companies by Russian Railroads totaled 5.1 days, up by 17.2% YoY. At the same time for the batches not exceeding 260 tons (77% of all shipments) the delivery time was 5.37 days, up by 17.7% YoY. The batches of more than 1 thousand tons…
In May, according to customs statistics, Russia exported 619.4 thousand tons of ferrous scrap, up by 57.2% YoY. In January-May scrap exports reached 2.3 million tons, up by 43.2% YoY. (Ukrainian metal)
In June Russia supplied 115.8 thousand tons of scrap to Belarus via railroad. This is 5.7% below the June 2017 results. In January-June scrap exports reached 614.3 thousand tons, down by 4.7% YoY. (Ukrainian metal)
Interpipe believes in summer scrap procurement will decrease by 20%. “The market is saturated with scrap now, but with the coming of summer we see a traditional decline. We believe the drop in the scrap procurement will reach 20%”, Interpipe CFO Denis Morozov said. At the same time, scrap demand will grow, as ArcelorMittal Kriviy…
In June railroad deliveries of ferrous scrap to the metal works and pipe companies totaled 1.44 million tons, up by 7.6% MoM and by 10% YoY. In January-June scrap deliveries dropped by 1.6% YoY, to 5.93 million tons. (Ukrainian metal)
Having prohibited the exports of scrap from the main Far East ports for 6 months to help Amurmetal with raw materials, the government can now take similar measures to help Abinsk Electrometallurgical Works (AEMZ). The Ministry of industry and trade intends to hold a meeting on providing AEMZ with raw materials. The authorities of Krasnodar…
In April, according to the customs statistics, Russia imported 35.2 thousand tons of ferrous metals scrap from Kazakhstan. This is more than was imported in March 1.8-fold, but lower by 23% YoY. In January-April scrap imports reached 94 thousand tons, down by 46% YoY. (Ukrainian metal)
In April, according to the customs statistics, Russia exported 490 thousand tons of ferrous scrap to Turkey, up by 26.5% MoM and by 33% YoY. The average price on the Russian border was $280.5 per ton, up by 5.2% MoM and by 23.2% YoY. In January-April ferrous scrap exports totaled 1.6 million tons, up by…