In June Ukraine procured 324 thousand tons of scrap, down by 10% MoM. All the amount was supplied to the domestic metal companies, down by 8%. No scrap was exported in June (8 thousand tons in May). In January-June 1725 thousand tons of scrap were procured, down by 9% YoY. Domestic metal companies received 1688…
In January-June Ukraine exported 36.723 thousand tons of scrap, down 7.4-fold YoY, valued at $10.086 million, down 8.8-fold. According to the State Fiscal Service, in June 0.208 thousand tons of scrap were exported, in May – 8.086 thousand tons, in April – 8.791 thousand tons, in March – 8.246 thousand tons, in February – 8.252…
The Russian government has made a decision to impose temporal quoting of scrap exports. From July 1 till December 31, the delivery of ferrous metals scrap and wastes to countries other than EAEU members will be subject to quantitative limitations. The Ministry of Finances and the Ministry of Economical Development have approved of the decision.…
Representatives of Moldova Iron and Steel Works held talks with Ukrainian companies on the resumption of scrap deliveries. “In April and May there were no deliveries. But I know for sure, that their representatives have come to Ukraine for negotiations. There are risks, especially in winter, when scrap procurement in Ukraine falls”, Interpipe CFO Denis…
5 new auctions to sell scrap, organized by Ukrzaliznytsia in the ProZorro system, have been announced not taken place. In particular, no offer came for the lots auctioned on June 3. The auctions had to take place on June 18. (Ukrainian metal)
Russian Deputy Prime Minister Dmitry Kozak has ordered preparation of two government orders limiting exports of scrap ferrous and non-ferrous metals from January 1, 2020. Exports must be carried out only via the commodities markets. A draft order will be prepared by the Industry and Trade, Economic Development and Finance ministries until September 1. The…
Ukrainian scrap collection volumes have fallen over the past year, dented by declining availability of obsolete scrap and a sharp fall in exports. Total Ukrainian scrap collection fell by 7% YoY, to 1.04 million tons in January-April, industry association UAVtormet’s president, Volodymyr Boubley, said last week. The trend continued in May amid extended holidays at…
In January-May Ukraine increased ferrous scrap imports by 38.4% YoY, to 28.71 thousand tons valued at $14.792 million, down by 10.9%. According to the State Fiscal Service, the main suppliers were Russia (49.09%), Turkey (43.71%) and Korea (3.13%). This year Ukraine did not import or re-export hot-briquetted iron. (Ukrainian metal)