The State Fiscal Service of Ukraine gives out permits for the export of scrap despite the decree of the District Administrative Court of Kiev. In particular, the Nikolayev Customs has given out electronic customs declarations to a Kiev and a Zaporozhye companies for scrap export. The end customer is a Turkish company. The court prohibited…
In April Ukraine exported $14.37 million worth of ferrous metals scrap, with imports on the level of $0.24 million. According to the State Fiscal Service, the main importer of Ukrainian scrap in April was Turkey ($14.23 million). In January-April scarp exports totaled $16.84 million, while imports were on the level of $1.78 million. (Ukrainian metal)
In April scrap shortage in Ukraine totaled 34 thousand tons, or 12% of the metal companies need. “With scrap deficiency imports of Russian hot-briquetted iron (HBI) increased 9.6 times”, said Interpipe. Local market received 264 thousand tons of scrap, while it needed 298 thousand tons. “Ukraine wasn’t able to satisfy its needs because of the…
In January-April Ukraine exported 94.02 thousand tons of ferrous scrap metal, down by 76.9% YoY. According to the State Fiscal Service, export revenues reached $16.84 million, down by 83.3% YoY. At the same time, in April Ukraine exported 82.47 thousand tons of scrap, with only 11.54 thousand tons in Q1. (Ukrainian metal)
Almost all Ukrainian iron and steel works are suffering from scrap shortage. According to Derzhzovnishinform, in April they received 150 thousand tons of scrap, or 97% of the needs. Stocks haven’t changed much and total 35 thousand tons. In early May scrap prices were on the level of $269-271 per ton FOB. Last year scrap…
Month Russian market, $/t, FCA, without VAT, $1/RUR67.6076* min max February 59 131 March 59 141 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max February 117 122 March 125 132 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
The Verkhovna Rada on April 21 passed at second reading bill No. 3868 amending some Ukrainian laws on reducing the shortage of scrap ferrous metal on the domestic market. The document aims at providing for the needs of defense industry and restoration of infrastructure. The document increases export duties for scrap ferrous metals temporarily for…