Ukraine: 4 out of 5 UZ scrap auctions fail

On May 16, 4 auctions to sell scrap via the ProZorro system, organized by Ukrzaliznytsia, did not take place. The Ukrainian Railways intended to sell 8.7 thousand tons of scrap for 50.5 million UAH, 4.5 thousand tons for 25.3 million UAH, 7 thousand tons for 44.6 million UAH and 16.2 thousand tons for 103.7 million…

Ukraine: Ukrzaliznytsia scrap auctions foiled

On May 10, three auctions to sell scrap via the Prozorro electronic system, organized by Ukrzaliznytsia, were declared not taken place. The Ukrainian Railways intended to sell three lots: – 4 thousand tons of steel shavings for 17.4 million UAH; – 0.5 thousand tons of various scrap for 2.9 million UAH; – 0.04 thousand tons…

Ukraine: scrap imports up in January-April 2019

In January-April, Ukraine imported 22.404 thousand tons of scrap valued at $11.368 million, up by 76.4%, but down by 0.6% YoY respectively.

The main suppliers were Russia (49.09%), Turkey (43.03%) and Korea (3%). (Ukrainian metal)

Ukraine: scrap exports down in January-April 2019

In January-April, Ukraine decreased scrap exports 7.6-fold YoY, to 28.429 thousand tons. According to the State Fiscal Service, in monetary terms exports dropped 9.6-fold, to $7.655 million. In April Ukraine exported 8.791 thousand tons of scrap, in March – 8.246 thousand tons, in February – 8.252 thousand tons and in January – 3.14 thousand tons.…

Ukraine: scrap exports down in Q1 2019

In January-March, Ukraine exported 19.638 thousand tons of scrap valued at $5.461 million, down 7.1-fold and 8.8-fold YoY respectively. According to the State Fiscal Service, in March Ukraine exported 8.246 thousand tons of scrap, in February – 8.252 thousand tons and in January – 3.14 thousand tons. At the same time Ukraine increased scrap imports…

Ukraine: Interpipe to import scrap

Interpipe may start importing scrap to cover the shortage on the local market. “So far we see only one option – long-term imports”, the company CFO Denis Morozov said. “At the same time, unfortunately, Ukrainian infrastructure is not ready for scrap imports – neither ports, nor railroad”, he added. Scrap is the main raw material…

Russia: stainless steel scrap exports up in 2018

In 2018 Russia exported 109.2 thousand tons of corrosion-resistant steel scrap valued at $120 million, up by 0.7% and by 13% YoY respectively.

This is also the highest result in 10 and 6 years respectively.

Scrap with nickel contents of 8% and more accounted for some 75% of exports. (Ukrainian metal)

Russia: scrap export to be limited

The Ministry of Industry and Trade intends to hold a number of meetings with the management of the major metal companies to discuss a potential embargo on the steel scrap export. According to a ministry representative, the issue has to do with the trend to limit the export of scrap as a product of the…

Ukraine: scrap export duty increased

Verkhovna Rada has approved as a whole the decree to decrease the ferrous scrap shortage on the domestic market by increasing the scrap export duty from 42 euro to 48 euro per ton and prolonging it for three years. 234 members of the Parliament voted in favor of the decree. This is the third decree.…