In March, according to the railroad statistics, direct supplies of ferrous scrap to MMK totaled 64 thousand tons, down by 8.6% MoM and by 43.7% YoY. In February the results were up by 4.3%, but down by 39%, while in January – down by 72% and by 36% respectively. In January-March the company received 192.1…
In March scrap procurers obtained 284 thousand tons of scrap, up by 2% MoM. According to Ukrmetallurgprom, of this Ukrainian metal companies received 230 thousand tons, up by 2% MoM, and 54 thousand tons were exported, up by 2%. The scrap need was only 82% covered as opposed to 93% in February. In Q1 scrap…
In January-March Ukrained increase ferrous scrap exports 3.6-fold YoY, to 140.116 thousand tons, valued at $47.788 million, up 4.1-fold. According to the State Fiscal Service, in March Ukraine exported 53.558 thousand tons of scrap, in February – 52.634 thousand tons, and in January – 33.814 thousand tons. Imports in 3 months increased by 28.6%, to…
The Verkhovna Rada Committee on industrial policy and entrepreneurship has approved the draft decree No. 8226 on amendments to the decree “On amendments to some decrees of Ukraine on the decrease of ferrous metals scrap shortage on the domestic market”. “Ukrainian plants will have raw materials, army – weapon and machines, and Ukrainians – jobs…
A decree No. 8226 has been registered in the Verkhovnaya Rada. According to one of the authors of the document, the chairman of the Parliament Committee on industrial policy Victor Galasyuk, the decree suggests prolonging the so-called metal law and increasing the export duty on scrap to 42 euro per ton. “This is equal to…
The state enterprise Ukrpromvneshexpertisa forecasts that by mid-April the price of ferrous metals scrap will drop by 3.5%, to some 8.3 thousand UAH per ton, compared with late March. According to the company deputy director Yuri Dobrovolski, the drop will have to do with the downgrading trends on the world markets, as well as the…
In February deliveries of scrap metal to Ukrainian metal works dropped by 20 thousand tons MoM, to 225 thousand tons, or 93% of the need. According to Ukrmetallurgprom, in January-February metal companies received 470 thousand tons of scrap, up by 3% YoY, or 97% of the need. In February scrap stocks at metal companies grew…
In 2017 Russia exported 5.37 million tons of steel scrap, down by 4.4% YoY. According to the customs statistics, this is the lowest volume of exports in the past 4 years. Revenue increased by 21%, to $1.329 billion. Turkey imported the most scrap – 44% of the volume, down by 3.9%, but Russia’s revenue grew…
