Ukraine: scrap prices expected to fall

Following the drop in prices on global markets, Ukraine should also expect the decrease in ferrous scrap prices within weeks, economist Oleksiy Kusch has said. “Global prices for scrap have been falling since late January, by $3-5 per ton every 4 days. Thus, while on February 1 the price was $422 per ton, now it…

Ukraine: Ukrzaliznytsia to resume scrap sales

Ukrzaliznytsia JSC is prepared to sell up to 20 thousand tons of scarp per month via the Prozorro.Sales from March, thus resuming stable scrap sales on Ukrainian market after an almost half a year break. According to the company board chairman Yevhen Lyaschenko, Ukrzaliznytsia suspended scrap sales over normative changes. “We are waiting for the…

Ukraine: Ukrzaliznytsia needs to resume scrap sales

Ukraine started increasing steel output and in January it grew almost 2-fold. But further growth is hampered not only by logistics, but also by the scrap shortage, that Ukrzaliznytsia could cover. This year, scrap procurement is expected to decrease due to the mined territories and mobilization. State monopolies, which constantly write off outdated equipment, could…

Kazakhstan: scrap export to be banned

Kazakhstan has imposed a ban on the export of ferrous metals scrap and wastes via the railroad border points of Zhaisan (Aktyubinsk region), Aksu (Kostanay region) and Auyl (Abai region). The decision was taken due to the shortage of raw materials for the domestic processing enterprises and the imposition by neighbouring countries of scrap exports…