In April, according to the customs statistics, Russia imported 35.2 thousand tons of ferrous metals scrap from Kazakhstan. This is more than was imported in March 1.8-fold, but lower by 23% YoY. In January-April scrap imports reached 94 thousand tons, down by 46% YoY. (Ukrainian metal)
In April, according to the customs statistics, Russia exported 490 thousand tons of ferrous scrap to Turkey, up by 26.5% MoM and by 33% YoY. The average price on the Russian border was $280.5 per ton, up by 5.2% MoM and by 23.2% YoY. In January-April ferrous scrap exports totaled 1.6 million tons, up by…
President Petro Poroshenko has signed a decree to increase the scrap export duty to 42 euros per ton and prolong it for a year, until September 2019. On May 17 the Verkhovna Rada adopted the decree No. 8226 “On amendments to some decrees of Ukraine on the decrease of ferrous scrap on domestic market”. In…
In May 368 thousand tons of scrap were procured in Ukraine, up by 14% MoM. Of this 333 thousand tons were imported, up by 35% MoM. Scrap exports dropped to the 46% of the April volume, to 35 thousand tons. In January-May scrap procurement grew by 10%, to 1.561 million tons, with 1.31 million tons…
Scrap procuring companies of Ukraine hope that the creation of the free trade zone with Turkey will decrease the export duty on scrap. At present the Agreement on the Association of Ukraine and EU presupposes the zeroing of the export rate on scrap by 2024. In 2018 the duty dropped from 9.5 euros per ton…
Interpipe is pondering the creation of the database of unscrupulous scrap procuring enterprises in order not to cooperate with them in future. “The scrap shortage is an important factor for us, but on the other hand we are now more concerned with the quality of the raw materials we receive. We want to create the…
Ukrmetallurgprom and the Ukrainian association of secondary metals UAVtormet have addressed the Verkhovna Rada asking it to free the scrap metal operations from VAT. “This will make it impossible to some companies to carry out operations, which allow them to get the VAT reimbursed from the state budget”, the letter said. According to the letter,…
The Cabinet of Ministers has adopted a new decree on scrap procurement. Uzvtortsvetmet was ordered in two months to organize in all cities and district centers special points of acceptance of scrap from individuals. All the equipment containing ferrous and non-ferrous metals from January 1, 2019 will have to be submitted to Uzmetcombinat and Uzvtortsevtmet…
