Ukraine: Verkhovnaya Rada to prolong scrap export duty

The Verkhovnaya Rada committee on industrial policy and entrepreneurship recommended the parliament to extend the scrap export duty of 30 euro per ton for 2 years.

According to the state enterprise Ukrpromvneshexpertisa in 2016 scrap procurement reached 3.5 million tons, the minimum volume for the past 20 years. (Ukrainian metal)

Ukraine: scrap deliveries improve

In April Ukrainian metal companies received 290 thousand tons of scrap, up by 25 thousand tons MoM, or 95% of the need. In January-April metallurgists received 1 million tons of scrap, up by 15% YoY, and 82% of the need. Scrap stocks at metal companies in April increased by 20 thousand tons, to 115 thousand…

Kazakhstan prohibits scrap exports

Kazakhstan has imposed a 6-months prohibition on ferrous scrap and waste exports. The corresponding Ministry of investments and development decree comes into effect 10 days after its official printing, or from May 27. The goal of this action is to support the local metal industry. On August 1, 2016 Kazakhstan already imposed a 6-months prohibition…

Russia: ferrous scrap imports from Kazakhstan up in January-February 2017

In January-February Russia imported 78.1 thousand tons of ferrous scrap from Kazakhstan, up 2.4-fold. This is also the highest result for the last several years.

Chelyabinsk region imported 46% of Kazakh scrap, Krasnoyarsk krai – 32%, and Saint Petersburg – 8%. (Ukrainian metal)

Ukraine: Ukrzaliznytsia scrap tenders fail

The two tenders on ferrous scrap sales by Ukrzaliznytsia with the total volume of 46 thousand tons have been declared not having taken place. According to the tender documentation, there was only one offer, while at least two offers were needed. The first lot consisted of 24 thousand tons of steel scrap valued at 122.76…

Ukraine: scrap exports up in Q1 2017

In January-March Ukraine exported 38.671 thousand tons of ferrous scrap, up 3.3-fold YoY, valued at $11.548 million, up 4.7-fold YoY. According to the State Fiscal Service, imports increased 2-fold YoY, to 8.720 thousand tons valued at $6.474 million, up 4.2-fold. The main suppliers were Turkey (80.72%), Moldova (12.51%) and Russia (5.48%), with the main customers…

Ukraine: scrap deliveries to increase

The state enterprise Ukrpromvneshexpertisa forecasts that scrap deliveries to Ukrainian companies will increase in March by 23.5% MoM, or by 39 thousand tons, to 205 thousand tons. The increase in deliveries has to do with the high price of 6150 UAH per ton, as well as the expectations of the scrap procurers and traders that…

Ukraine: scrap procurement down in 2016

In 2016 scrap procurement dropped to 3.5 million tons, the lowest result in the last 20 years. The main reasons for this are the thinning of the main sources of raw materials, machine-building stagnation, decrease in dollar purchasing prices, etc. “Ukraine has a considerable reserve of the outdated metal. The total volume is 600 million…

Ukraine: scrap exports up in January-February 2017

In January-February Ukraine exported 17.78 thousand tons of ferrous scrap valued at $3.655 million, up by 77.9% and by 70.7% YoY respectively. Scrap imports increased by 63.2% YoY, to 6.755 thousand tons, valued at $4.878 thousand, up 4.1-fold. Turkey (79.87%), Moldova (16.6%) and Russia (3.5%) were the main suppliers of scrap, with Turkey (92.97%), the…

Russia: Meta Group scrap sales up in 2016

In 2016 Meta Group, a part of ChTPZ, sold 1.354 million tons of scrap, up by 4% YoY, with 760 thousand tons being the group procured scrap, and 594 thousand tons – transit scrap. Meta-Perm demonstrated the growth of 6.1 thousand tons, Vtorchermet – 10.6 thousand tons, Meta-Chelyabinsk – 17.1 thousand tons, and Meta-Yekaterinburg –…

Ukraine: Ukrzaliznytsia scrap auctions fail

On February 6, the South-Western Railroads, a subsidiary of Ukrzaliznytsia, held its first scrap auctions with the total value of 4.2 million UAH. The trade was announced on January 25. Only 2 companies participated: Nizhin Research and Mechanical Plant (NDMZ) and Trading House Budkom. The initial price of the auction was 5935 UAH per ton.…

Russia: scrap railroad deliveries down in January 2017

In January ferrous scrap deliveries via railroad to Russian metal and pipe works totaled 0.73 million tons, down by 30.8% MoM.

At the same time deliveries increased by 55.4% YoY, to the maximum for the last 7 years. (Ukrainian metal)