Ukraine: AMKR supports temporarily scrap export ban

ArcelorMittal Kriviy Rih supports the imposition of a ferrous scrap export ban until the end of 2023. According to the company CEO Mauro Longobardo, the main buyers of Ukrainian scrap are Turkish metal plants. Using cheaper raw materials from Ukraine they later create competition for Ukrainian companies on their own market. “Scrap goes to Turkey,…

Ukraine: scrap export up in H1 2021

In January-June, Ukraine increased export of ferrous scrap 13.7-fold YoY, to 230.97 thousand tons, including 84.63 thousand tons in June. According to the State Customs Service, in monetary terms exports have grown 19.2-fold, to $82.86 million. Imports went up by 36.6%, to 12.55 thousand tons valued at $22.331 million, up 2.1-fold. The main suppliers were…

Ukraine: scrap procurement up in H1 2021

In January-June, Ukraine procured 1.97 million tons of scrap, up by 42.2% YoY. The growth was due to high purchasing prices and the activity of exporters. Deliveries to metal companies went up by 26.3%, to 1653.3 thousand tons. Exports amounted to 230.9 thousand tons, up almost 14-fold YoY. Imports totaled 12.6 thousand tons, up by…