The Verkhovnaya Rada of Ukraine has prolonged the scrap export duty of 30 euro per ton till September 15, 2018. The bill No. 6382 has been supported by 247 people’s deputies with the minimum required number of 226. According to the bill note, its goal is to regulate scrap export and decrease scrap shortage on…
The Ukrainian Association of Scrap Exporters (UAEM) has asked the president to completely veto the bill on prolongation of scrap export duty of 30 euro per ton for two years. The association believes that the bill contradicts the current legislation of Ukraine and international agreements, signed and ratified by Ukraine. According to these agreements, the…
In May, according to the customs statistics, Russia exported 391.5 thousand tons of ferrous metals scrap, down by 13.2% MoM and by 29% YoY. In April the figures stood at +29% and –33% respectively. In January-May Russia exported 1.64 million tons of scrap, down by 28% YoY. And this is also the lowest result for…
By August Ukrzaliznytsia intends to have shipped all its scrap sold at three auctions in early June. “The loading is underway. We expect to receive all the volumes this month”, Interpipe finances and economy director Denis Morozov said. According to him ArcelorMittal Kriviy Rih, Metinvest-Resource and Interpipe NTZ have already received some 30-50% of the…
The Verkhovnaya Rada committee on industrial policy and entrepreneurship has supported amendments to the decree on the prolongation of the scrap export duty made by the president Petr Poroshenko. “From the state point of view, it would have been better for the scrap decree to be prolonged for 2 years, and not for 1. But…
The decree on the prolongation of the ferrous scrap export duty on 30 euro per ton for 2 years cannot be vetoed by the president of Ukraine, the member of the parliament, the chairman of the parliament committee on industrial policy and entrepreneurship Victor Galasyuk believes. “The term to sign or veto the decree given…
The president of Ukraine Petr Poroshenko has vetoed the bill No. 6382 “On changes to the Decree of Ukraine “On changes to some decrees of Ukraine as to the decrease of the ferrous metals scrap deficiency on the local market”. The bill has been returned with the president’s marks. Earlier the Verkhovnaya Rada decided to…
The government of Ukraine will ask the president to sign the decree on the extension of the scrap export duties of 30 euro per ton, the Prime Minister Vladimir Groysman said in London. “Under the military aggression Ukraine needs metal to provide for its own defense”, he said. In September 2016 the president Petr Poroshenko…