The Cabinet of Ministers has prolonged the exemption of the scrap trade from VAT. The government has prolonged the effect of its decree No. 15 dated January 12, 2011. Thus, all trade operations with scrap and waste of ferrous and non-ferrous metals are exempt from VAT till January 1, 2022. It is expected to improve…
The Novosibirsk subsidiary of the First Cargo Company in November increased ferrous metals scrap deliveries to 41.3 thousand tons (680 cars). Throughput grew 1.5-fold YoY, to 63.2 million ton-km. “The positive dynamics has to do with the growth of transportation to NLMK-Ural”, the subsidiary deputy director on transportation Sergey Korchagin said. The cargo was transported…
This year Ukrzaliznytsia intends to sell metal scrap valued at 300 million UAH. According to the enterprise CFO Andrei Ryazantsev, Ukrzaliznytsia now stores some 2 billion UAH worth of scrap. “This is not only cars, but also various assets, like rails”, he noted. The enterprise also has 16 thousand old cars for sale as scrap.…
The state enterprise Ukrpromvneshexpertisa believes that in January 2019 scrap deliveries to metal companies will decrease by 3.85% MoM, to 250 thousand tons. In February 2019 deliveries will further drop to 185 thousand tons because of the considerable fall of demand for imported raw materials and the seasonal factor. For December Ukrpromvneshexpertisa forecast scrap deliveries…
Volumes of scrap procurement have been falling for the past 5 years. According to the Ukrainian Association of Secondary metals (UAVtormet), procurement fell from 4.6 million tons in 2013 to 3.7 million tons in 2017. In January-November Ukrainian enterprises collected 3.35 million tons of scrap, and in 2018 are expecting to gather 3.5 million tons.…
The government of Belarus has set a state order for ferrous and non-ferrous metals scrap procurement. It is expected to procure 1.285 million tons of ferrous scrap and 19.2 thousand tons of non-ferrous scrap. The Ministry of Industry received the largest order – 470.47 thousand tons of ferrous and 5.4 thousand tons of non-ferrous scrap.…
In November Ukrainian metal companies received 309 thousand tons of scrap, up by 12% MoM. Scrap exports last month fell by 50%, to 4 thousand tons. In November procuring companies prepared 313 thousand tons of scrap, up by 10%. In January-November out of procured 3.36 million tons (down by 1% YoY), metal companies received 3.04…
In January-November Ukraine exported 320 thousand tons of scrap, down by 28.6% YoY. In November exports amounted to 3.8 thousand tons. At the same time deliveries of scrap to local metal plants grew by 17.4%, to 3.04 million tons in 11 months. (Ukrainian metal)
