Ukraine: scrap export-import in January 2016
In January Ukraine exported $0.34 million worth of ferrous scrap, with imports on the level of $0.5 million.
In January Ukraine exported $0.34 million worth of ferrous scrap, with imports on the level of $0.5 million.
The Ministry for economic development and trade is working on a decree to increase scrap export duties.
In January-October Ukraine exported 1124.98 thousand tons of scrap, up by 41.1% YoY (from 797.48 thousand tons).
The tax police of the State Fiscal Service have found violations of the tax legislation worth 1.6 billion UAH by a metal scrap exporting and trading company.
The state informational and analytical center Gosvneshinform says steel scrap exports in January-May are up by 37%, or by 191.8 thousand tons, to 509.4 thousand tons, YoY.
In March Ukraine exported $30.53 million worth of ferrous metals scrap, with imports totaling $0.45 million.
Ukrainian Ministry for economic development and trade has implemented a quotation for the scrap export in 2015 on the level of 1.25 million tons.
The Cabinet of Ministers of Ukraine has prolonged its resolution defining a list of ferrous and nonferrous scrap metal, the transactions with which, in particular imports, are exempt from value added tax (VAT) until January 1, 2017.