Russia: ferrous scrap exports up in May 2018
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)
Russia: scrap exports to Belarus down in June 2018
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)
Ukraine: scrap procurement to drop in summer
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…
Russia: ferrous scrap railroad deliveries up in June 2018
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)
Russia: scrap exports from Black Sea ports to be banned
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…
Russia: ferrous metals scrap imports from Kazakhstan down in April 2018
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)
Russia: ferrous scrap exports to Turkey up in April 2018
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…
Ukraine: Poroshenko signs important metal decree
President Petro Poroshenko has signed a decree to increase the scrap export duty to 42 euros per ton and prolong it for a year, until September 2019. On May 17 the Verkhovna Rada adopted the decree No. 8226 “On amendments to some decrees of Ukraine on the decrease of ferrous scrap on domestic market”. In…