The state enterprise “Ukrpromvneshexpertiza” believes scrap prices to fall in the summer period. Local prices will be on the level of 3300-4100 UAH per ton till mid-July, and 3300-3800 UAH per ton till mid-August. HMS 1&2 CIF Turkey will cost $210-250 per ton. In May – early June scrap price dropped from $325 per ton…
In May Ukraine received 301 thousand tons of scrap while it needed 375 thousand tons. “Scrap deficiency went up 2 times YoY from the year start”, said Interpipe finance director Denis Morozov. The company explains increase of the scrap deficiency in May with the activization of exports. Despite the court decree 113 thousand tons of…
In May Ukraine exported $19.4 million worth of ferrous metals, while imports reached $1.09 million. According to the State Fiscal Service, the largest importer of Ukrainian scrap in May was Turkey ($19.4 million). In January-May Ukraine exported $36.25 million worth of ferrous metals, with imports on the level of $2.87 million. (Ukrainian metal)
In January-May Ukrainian metal companies received 1.17 million tons of scrap, down by 14% YoY. In May companies received 300 thousand tons of scrap, up by 40 thousand tons MoM, or 80% of their needs. Scrap stocks in May remained unchanged and as of June 1, totaled 80 thousand tons. In January-May scrap exports reached…
Month Ukrainian market, $/t, without VAT, FCA, $1/UAH25.1865* min max March 130 137 April 168 175 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In January-May Ukraine exported $2713.67 million worth of ferrous scrap metal, down by 25.5% YoY. According to the State Fiscal Service, ferrous metals accounted for 19.81% of all export revenues, down from 23.53% in January-May 2015. In May Ukraine exported $641.37 million worth of scrap. At the same time Ukraine imported $268.65 million worth of…
In May Ukrainian scrap procurers exported 112.57 thousand tons of scrap, the maximum amount since July 2015 despite the decree of the District Administrative Court of Kiev that prohibited scrap exports after March 16. Because the decree was ignored, scrap export increased by 11% YoY. In April Ukraine exported 82.47 thousand tons of scrap, with…
The Ministry of economical development and trade cannot create market conditions in the sphere of ferrous scrap. “There is no competition on the scrap market today. I have been talking to association representatives for a year. What market could it be, if all the scrap in Ukraine is purchased by 2 people”, said the Verkhovnaya…