In July, according to the customs statistics, Russia exported 548 thousand tons of ferrous scrap, down by 7.7% MoM and by 3% YoY. In June scrap exports grew by 39.9% and by 6%, while in May they dropped by 13% and by 29% respectively. In January-July Russia exported 2.7 million tons of scrap, down by…
The state enterprise Ukrpromvneshexpertisa believes that in September delivery of ferrous scrap to metal companies will grow by 9.8-13.7% MoM, or by 25-35 thousand tons, to 280-290 thousand tons. “In August deliveries totaled 255 thousand tons. We expect that in September they will be on the level of 280-290 thousand tons”, the company deputy director…
Interpipe expects Ukrzaliznytsia to announced a new scrap auction in the coming weeks. “Ukrzaliznytsia is shipping the last batches of scrap to us following the latest auction. They still have to send us some 3-4 thousand tons. In the coming weeks we expect them to announce a new auction and we intend to participate”, the…
Interpipe Steel is pondering the possibility of importing scrap from the USA. According to the company CEO Fadi Khraibe, scrap situation in Ukraine is complex, with a negative forecast. “At present the market is balanced. In November it will change. In Q1 2018 there will be a shortage of scrap and we will have to…
In August Ukrainian metal companies received 270 thousand tons of scrap, down by 20 thousand tons MoM, or 86% of their need. In 8 months they received 2.1 million tons, up by 6% YoY, but just 89% of their need. Scrap stocks at metal companies in August decreased by 30 thousand tons, to 110 thousand…
The Northern Navy has finished packing metal scrap procured from the Kotelny Isle during the summer season. 83 twenty-feet containers have been packed, with the total weight of some 1 thousand tons. The cleaning of the isle began in 2015. Since then the navy has taken over 2 thousand tons of scrap from there. (Ukrainian…
Ukrzaliznytsia is planning to sell another batch of 128 thousand tons of scrap at an auction. According to the company statement, this year the company intends to sell 213 thousand tons of scrap. As of September 1, 81.5 thousand tons have been sold on three auctions. Last year Ukrzaliznytsia sold only 1.3 thousand tons of…
In June, according to the customs statistics, Russia exported 3.9 thousand tons of corrosion-resistant steel scrap and waste valued at $3.2 million, down by 22.8% MoM and by 44.5% YoY. Earnings decreased by 31.4% MoM and by 54.7% YoY. In January-June Russia exported 38.5 thousand tons of scrap valued at $37 million, up by 5.6%…