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Ukraine: scrap export duty goes up

On December 2, the Verkhovna Rada increased the scrap export duty from EUR 58 to EUR 180 per ton. The decision was supported by 242 MPs. Earlier the Ministry of Economy intended to increase the duty to EUR 200 per ton, but the Cabinet of Ministers returned the draft. Since mid-year, metal companies have been…

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Ukraine: ferrous metals export revenue up in January-November 2021

In January-November, Ukraine exported $12.6 billion worth of ferrous metals, up by 80.8% YoY. According to the State Customs Service, in November, exports revenue amounted to $1.09 billion, down from $1.21 billion in October and $1.39 billion in September. Imports in 11 months grew by 47.7%, to $1.41 billion, with $157.19 million imported in November.…

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