Ukraine: scrap procurement down in January 2023

In January, Ukraine procured 60.5 thousand tons of metal scrap, down by 75.6% YoY. According to the UAVtormet Association, scrap deliveries to metal plants amounted to 49.4 thousand tons, down from 226 thousand tons last year. Scrap stocks at metal plants as of early February totaled 20-25 thousand tons, up from 10-15 thousand tons in…

Ukraine: ferrous metals scrap export down in 2022

In 2022, Ukraine decreased export of ferrous metals scrap 11.5-fold YoY, to 53.557 thousand tons. According to the State Customs Statistics, revenue dropped 12.4-fold, to $19.271 million. Imports fell 12.6-fold, to 1.824 thousand tons valued at $3.488 million, down 12.9-fold. The main suppliers were Turkey (78.92% in monetary terms), Russia (13.25%) and Cyprus (5.08%), while…