In late April – early May, Ukrzaliznytsia announced new auctions to sell scrap. In particular, the company will sell 8 lots of scrap with the combined volume of 47.9 thousand tons through the Prozorro system. The first three lots, announced on April 27, will be auctioned on May 10. Another 5 lots, announced on May…
In February, according to the customs statistics, Russia exported 312.3 thousand tons of ferrous scrap, down by 17.8% YoY. In January-February exports fell by 22.6% YoY, to 559 thousand tons. Turkey accounted for some 35% of exports, down by 39%. The share of Belarus decreased by 4.1%, to 30.6%, and of South Korea – by…
In January-march, the time to deliver ferrous scrap over railroad to metal companies totaled 5.1 days, up by 7.7% YoY. The minimal time (4.5 days) was in Q1 2015 and Q1 2017. This year the batches with the total weight of up to 260 tons (77% of all shippings) were delivered within 5.4 days, up…
In March scrap deliveries to Ukrainian metal companies improved. In particular, 296 thousand tons of scrap were procured, up by 118% MoM, of which domestic companies received 288 thousand tons, up by 125%. At the same time exports remained on the February level – 8 thousand tons. In Q1, 661 thousand tons were procured, down…
In January-March, Ukraine exported 19.638 thousand tons of scrap valued at $5.461 million, down 7.1-fold and 8.8-fold YoY respectively. According to the State Fiscal Service, in March Ukraine exported 8.246 thousand tons of scrap, in February – 8.252 thousand tons and in January – 3.14 thousand tons. At the same time Ukraine increased scrap imports…
The President of Ukraine Petr Poroshenko has signed a decree to increase scrap export duty from 42 euro to 58 euro per ton. On February 28 the Verhovna Rada adopted the draft decree No. 9474, providing for the duty increase, as a whole. 234 parliament members voted in favor of the decree. The duty will…
In 2018 Russia procured 25.95 million tons of scrap, with the average price at 17.727 rubles per ton, up by 2,817 rubles YoY. As metal companies did not want to buy scrap at that price, exports in December 2018 increased. Because of the increase of the domestic prices, some metal companies are lobbying the imposition…
The state enterprise Ukrpromvneshexpertisa forecasts that in April scrap stocks at metal companies will grow by 15.4% MoM, to 75 thousand tons. Scrap stocks as of the end of February dropped to 79 thousand tons, or by 55% MoM. Scrap stocks in working days fell to 9 days, or by 25% below the norm. The…