Interpipe intends to take part in the second auction of large scrap batches sales by Ukrzaliznytsia. But it does not have the task to win at any cost, the company CFO Denis Morozov said. “We plan to apply for participation, but we don’t have the goal to win. Our goal is for the Ukrainian scrap…
In April Ukraine saw a surplus of scrap because of the drop in steel manufacture, but summer will bring the scrap shortage back. “A lot of things happened in April. First of all, the shut down of capacities on the uncontrolled territories, resulting in the scrap offer surplus, while in the first quarter there was…
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)
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…
Ukrainian metal companies consider its fair to extend the term of the increased scrap export duty, as the raw material is scarce on the local market. According to Metinvest CEO Yuri Ryzhenkov, the group has wintered without a considerable shortage of scrap for the first time in three years. “We were able to get good…
In March Ukrainian metal companies received 265 thousand tons of scrap, up by 45 thousand tons MoM, and 85% of their total needs. In March their scrap stocks decreased by 10 thousand tons, to 95 thousand tons. As of January 1, their stocks totaled 190 thousand tons. In Q1 metal companies received 715 thousand tons…
Ukrzaliznytsia has announced 2 tenders to sell ferrous scrap. According to the company statement, registration is open until April 21. The auctions will held on April 25. The first lot features 24 thousand tons of steel scrap valued at 122.76 million UAH. The second is 22 thousand tons of steel scrap No. 4 (wheels, beams,…
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…