Ukraine: ferrous metals scrap export-import in November 2015
In November Ukraine exported $9.62 million worth of ferrous metals scrap, with imports on the level of $0.13 million.
In November Ukraine exported $9.62 million worth of ferrous metals scrap, with imports on the level of $0.13 million.
In January-November Ukraine increased ferrous scrap exports by 40.4% or by 43% YoY (depending on the comparison base).
Metallurgprom believes the optimal level for scrap export duty is 50 euro per ton.
In October Ukraine exported $140.11 million worth of long rolled metal, while imports totaled $10.18 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 state informational-analytical center Gosvneshinform says the export prices for steel scrap have decreased by 5-10%.
Metinvest, ArcelorMittal Kriviy Rih, Interpipe and Electrostal ask the Prime Minister of Ukraine Arseny Yatsenyuk to help solve the ferrous scrap deficiency problem.