Ukraine: law-enforcers meet scrap procurers and sellers
In Severodonetsk law-enforcers met with entrepreneurs who procure and sell ferrous and non-ferrous metals scrap.
In Severodonetsk law-enforcers met with entrepreneurs who procure and sell ferrous and non-ferrous metals scrap.
Month Russian market, $/t, EXW, without VAT, $1/RUR72.883* min max November 55 121 December 55 114 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.12.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In 2015 Ukraine exported 17.1 million tons of scrap metal, down by 15%, or by 3.1 million tons YoY.
In 2015 ferrous scrap procurement in Ukraine fell to 4.3 million tons, down by 1 million tons, or by 19% YoY.
Verkhovnaya Rada will review the decree of changes into some Ukrainian laws as to the decrease of ferrous scrap deficiency on the local market in order to meet defense industry demands and restore infrastructure.
Month Ukrainian market, $/t, without VAT, FCA, $1/UAH24.001* min max November 117 137 December 130 137 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.12.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Ukrpromvneshexpertisa believes ferrous metals scrap prices on the local market will fall by 18.26% YoY, or by 670 UAH, to 3 thousand UAH per ton.
In 2015 ferrous metals scarp supplies to metal companies decreased by 25%, to 3.1 million tons.