In January-March, Ukraine scrap procurement grew by 28.2% YoY, to 930 thousand tons. The growth was due to high purchasing prices of metal companies. In Q1, metal companies received 837.7 thousand tons of scrap, up by 23.1% YoY. Stocks are estimated at 180 thousand tons. Exports amounted to 49.1 thousand tons, up almost 3-fold YoY.…
The Verkhovna Rada Committee on the integration of Ukraine into the European Union has approved of the bill No. 5175, which suggests prolonging the export duty on scrap in the amount of 58 euros per ton for 5 more years. The committee members have recommended the Committee on the Economic Development together with the Ministry…
A government decree has been signed on imposing a temporary ban on export of scrap and waste of ferrous metals from Kyrgyzstan outside the customs territory of the Eurasian Economic Union, the press service of the Cabinet of Ministers reports. The export ban is imposed for a period of six months. It applies to scrap…
Since the start of the year Ukrzaliznytsia has successfully carried out 27 auctions in the Prozorro.Sales system to sell ferrous scrap. In particular, on March 9-11 the company held 16 auctions selling 85.6 thousand tons of scrap for 569.1 million UAH. Last year, the company sold 145 thousand tons of scrap for 567 million UAH.…
In January-February, Ukraine exported 30.189 thousand tons of ferrous scrap valued at $10.087 million, up 2.8-fold and 3.7-fold YoY respectively. According to the State Customs Service, imports grew by 95.6%, to 3.132 thousand tons valued at $5.179 million, up 2.6-fold. The main suppliers were Turkey (63.35% in monetary terms), Russia (27.77%) and the USA (7.86%),…
In January-February, Ukraine procured 639.2 thousand tons of scrap, up by 49.2% YoY. The increase is due to high prices. Scrap deliveries to metal companies grew by 45.7%, to 578.6 thousand tons. Scrap stocks are estimated at 250 thousand tons. Exports amounted to 30.2 thousand tons, up by 300%, while imports increased from 1.6 thousand…
Ukrzaliznytsia has announced 11 auctions to sell scrap with the combined weight of 71.4 thousand tons in the ProZorro.Sales system. The combined starting price is 467.9 million UAH. Average price is 6.553 thousand UAH per ton. The auctions will be held on March 9. Since the start of the year, the company has sold 51.3…
A draft decree No. 5175 to prolong the ferrous scrap export duty in the amount of 58 euro per ton for 5 years has been registered in the Verkhovna Rada. The accompanying note says that the positive effect of the duty has been noticed since its implementation in 2016. In particular, while in 2015 scrap…