Metals of Ukraine & Russia: scrap (grade 3a), March 2016

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)

Metals of Ukraine & Russia: scrap (grade 2a), March 2016

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)

Ukraine: control over exports of scrap metal should be toughened for ATO period

A special regime to control the origin of scrap metal sent for exports should be introduced in Ukraine for the period of the Anti-Terrorist Operation (ATO), MP Serhiy Taruta has told reporters.

Ukraine: Q1 2016 scrap deficiency at 176 thousand tons

Interpipe says in January-March ferrous scrap deficiency on Ukrainian market was on the level of 176 thousand tons.

Ukraine: scrap export duty up

The Verkhovnaya Rada of Ukraine has passed an act on the increase of the ferrous scrap export duty from 10 euro per ton to 30 euro for 3 years. 268 people’s deputies have supported the act.

Ukraine: people’s deputies supporting scrap export limitations

A people’s deputy Sergey Taruta supports limitations of ferrous scrap exports from Ukraine.

Ukraine: Zaporizhstal demands scrap export duty of 60 euro

Under the current price situation on the global markets, scrap export duty from Ukraine should be on the level of 50-60 euro per ton.

Ukraine: scrap market to face decriminalization

The Ministry of economical development and trade plans to pass to the Verkhovnaya Rada the decree on scrap market decriminalization.

Ukraine: city mayors call on people’s deputies to raise scrap export duty

Ukraine is suffering from the drastic shortage of scrap. This has already affected output and the country economy, say Zaporozhye and Mariupol mayors in their letter to the parliament.

Ukraine: 30-euro scrap export duty is not enough

The Parliament committee on industrial policy has suggested imposing a scrap export duty on the level of 30 euro per ton.

Ukraine: ministry hurrying to give out scrap export quotas

On April 25, the Ministry of economical development and trade plans to give out another batch of ferrous scrap export quotas.

Ukraine: scrap procurement down in Q1 2016

In January-March Ukraine procured 614 thousand tons of scrap. That’s the lowest result for the past 20 years. And the first time that the procurement can’t meet the local demand.

Ukraine: ferrous scrap prices up

Ukrpromvenshexpertisa has noted the increase of ferrous scrap prices from February 20 till April 10, CIF Turkey by 50%, or by $85 per ton, to $255 per ton.

Ukraine: Metallurgprom scrap hearing postponed

The District Administrative Court of Kiev has postponed the hearing of the Metallurgprom lawsuit against the Ministry of economical development and trade as to its decree on ferrous scrap till May 19.

Ukraine: metal results for Q1 2016

In May Ukraine will produce 2.2 million tons of steel, 2.1 million tons of pig iron and 1.9 million tons of rolled metal, according to Metallurgprom. For April its figures were as follows: steel – 2.1 million tons, pig iron – 2 million tons, rolled metal – 1.8 million tons.

Ukraine: police investigating mass scrap exports

The police have started investigating the decision of the Ministry of economical development and trade to register scrap export operations.

Ukraine: scrap export-import in Q1 2016

In January-March Ukraine exported 11.54 thousand tons of ferrous scrap valued at $2.46 thousand, down by 95.7% and 96.4% YoY respectively.

Ukraine: whole works cut for scrap

A lot of works in Ukraine are being cut for scrap metal, as it can be profitably sold to foreigners.

Ukraine: scrap export duties increased

The Verkhovnaya Rada of Ukraine has passed a decree on the increase of ferrous scrap export duty from 10 euro to 35 euro per ton for three years.

Ukraine: scrap import duty to go zero

The Verkhovnaya Rada tax and customs policy commission has voted for the acceptance of the decree that imposes 0% duty on imported metal scrap.

Ukraine: scrap export quotas illegal

Metallurgprom believes the giving of scrap export quotas by the Ministry of economical development and trade is illegal and is going to sue the ministry.