Metal products exports with the duty of 30 euro per ton bring to the state budget 5 times more than the scrap export of the same volume. “According to our calculations, 1 ton of scrap, processed into metal at the duty of 10 euro, gave 10 times more to the budget than 1 ton of…
Metinvest-Resource, a scrap supplier of Metinvest companies, Interpipe Nizhnedneprovsk Pipe Works and ArcelorMittal Kriviy Rih have won tenders, organized by Ukrzaliznytsia to sell 84.5 thousand tons of scrap. AMKR won 38 thousand tons of scrap, having offered 193 million UAH (5080 UAH per ton). Metinvest-Resource bought 24 thousands tons of scrap for 114.72 million UAH…
The state enterprise Ukrpromvneshexpertisa forecasts that in June ferrous scrap deliveries to metal companies will decrease by 13.53% MoM, or by 36 thousand tons, to 230 thousand tons. “In April 266 thousand tons of scrap were delivered to the works. I believe both traders and procurers tried to sell as much scrap as possible, as…
Ukraine has to officially inform WTO of the intention to prolong the 30-euro per ton duty on ferrous scrap for 2 years and hold corresponding consultations. “The government has to work for industry, while trade diplomacy – for Ukrainian manufacture interests and economy. Such notification is highly important, so that our foreign partners understand us”,…
Metinvest Group, ArcelorMittal Kriviy Rih and Interpipe intend to take part in the Ukrzaliznytsia tender to sell 84.5 thousand tons of ferrous scrap with the initial price of 417.9 million UAH. In particular, Metinvest reported that its Metinvest-resource, the exclusive supplier of scrap to its companies, would participate in the auction. AMKR confirmed its intention…
The public joint stock company Ukrzaliznytsia has announced an auction to sell 84.5 thousand tons of ferrous scrap with the initial price of 417.91 million UAH. The company will sell 38 thousand tons of steel scrap (GOST 4121-2002 type 510, rails and rail scrap) at 5030 UAH per ton, 24 thousand tons of GOST 4121-2002…
In January-April the Nizhniy Novgorod subsidiary of the First Cargo Company (PGK) transported 162 thousand tons of ferrous scrap via the Gorkovskaya railroad, up by 9% YoY. “The positive dynamics is connected with the increase in transportation of NLMK and Severstal products, the railroad discount on local scrap deliveries, as well as the development of…
Additional revenue of the budget from the scrap export duty increase to 30 euro per ton exceeded 1 billion UAH. “One billion is a very pessimistic estimate of additional income of the budget. We believed that one ton of scrap processed and sold yields 7-8-fold more than just scrap”, Ukrmetallurgprom president Alexander Kalenkov said. According…