The Federal Antimonopoly Service has allowed a company affiliated with Translom to buy the Sinara Group scrap procuring business. According to the analysts the merged company will not control more than 14% of the scrap market. In particular, Germes was allowed to buy TMK-Chermet. There are no companies with the market share over 35% in…
The Russian government has set up a 1.009-million ton quota for exports of ferrous metal scrap and waste to the countries outside the Eurasian Economic Union starting from September 1 until the end of 2019, the government said in a ruling published on the website for disclosure of data on state procurements. The Industry and…
On August 21 Ukrzaliznytsia (Ukrainian Railways) sold six batches of scrap valued at 34.6 million UAH. The scrap was sold at the Prozorro Sale auctions. Energosteel purchased 2.6 thousand tons of scrap for 15.4 million UAH. Dneprostal bought 1.6 thousand tons of axle scrap for 9.2 million UAH, as well as 0.155 thousand tons of…
In June Russia exported 590.3 thousand tons of scrap, up by 17.5% YoY and by 31% MoM. According to the Federal Customs Statistics, in 6 months exports dropped by 13%, to 2.44 million tons. Turkey remains the main customer accounting for 44% of all Russian scrap exports, down by 15%. Average price in June was…
The state concern Ukrpromvneshekspertisa forecasts that prices of ferrous scrap will fall by 3.5-3.6%, to 5.3-5.5 thousand UAH per ton. Local metal companies will be cautiously decreasing the price of raw materials purchased due to the drop of rolled metal cost on world markets. But the price drop will not be considerable, as scrap procurement…
The Moscow subsidiary of the First Cargo Company in January-July transported 946 thousand tons of ferrous scrap, up by 6% YoY. “This year our key clients – Severstal and NLMK – have increased loading of ferrous scrap due to the high demand on the domestic market”, the subsidiary deputy director on transportation Sergey Pronin said.…
Ukrzaliznytsia (Ukrainian Railways) is auctioning another batch of scrap via the Prozorro.Sales – the company is offering 12 lots with the combined weight of over 73 thousand tons. The initial price is almost 379 million UAH, but the company intends to receive at least 400 million UAH. The auctions will be held in August. The…
In July Ukraine procured 192 thousand tons of scrap, down by 41% MoM. All the scrap procured was supplied to the domestic metal enterprises. No scrap was exported. In 7 months of 1.918 million tons of scrap procured (down by 12% YoY) domestic companies received 1.881 million tons (down by 1%), while 37 thousand tons…