The Northern Navy has finished packing metal scrap procured from the Kotelny Isle during the summer season. 83 twenty-feet containers have been packed, with the total weight of some 1 thousand tons. The cleaning of the isle began in 2015. Since then the navy has taken over 2 thousand tons of scrap from there. (Ukrainian…
Ukrzaliznytsia is planning to sell another batch of 128 thousand tons of scrap at an auction. According to the company statement, this year the company intends to sell 213 thousand tons of scrap. As of September 1, 81.5 thousand tons have been sold on three auctions. Last year Ukrzaliznytsia sold only 1.3 thousand tons of…
In June, according to the customs statistics, Russia exported 3.9 thousand tons of corrosion-resistant steel scrap and waste valued at $3.2 million, down by 22.8% MoM and by 44.5% YoY. Earnings decreased by 31.4% MoM and by 54.7% YoY. In January-June Russia exported 38.5 thousand tons of scrap valued at $37 million, up by 5.6%…
In January-July Ukraine exported 188.039 thousand tons of ferrous scrap, down by 19.4% YoY, valued at $40.627 million, down by 0.9%. At the same time scrap imports increased by 0.2%, to 15.031 thousand tons, valued at $13.96 million, up 3.4-fold. The main suppliers of scrap were Turkey (87.44%), Moldova (5.8%) and Russia (3.07%), with Turkey…
In January-July the St. Petersburg subsidiary of the First Cargo Company transported 171.3 thousand tons of scrap, up 1.5-fold YoY. The company throughput in the segment increased by 60%, to 97.8 million ton-km. “The increase of scrap transportation via Oktyabrskaya railroad has to do with the high demand for scrap on behalf of Severstal and…
In July the scrap redemption centers increased prices to the highest level in the last 3 years on the background of the world metal prices growth. The most popular metal – 4 mm thick sheet – in just a month increased in price by 26%, to 170 euro per ton, while sheet with the thickness…
The decision of the state company Ukrzaliznytsia to introduce free price of cargo wagons makes Ukrainian scrap-procuring companies nervous. The ability to set prices for wagons will result in the increase of their price and the growth of expenses of all market participants, the UAVtormet association letter to the minister of economic development and trade…
The prolongation of the 30 euro per ton export duty on scrap for 1 year is good for economy. According to the president of Ukrmetallurgprom Alexander Kalenkov, 1 ton of scrap processed into metal yields 5-6 times more to the budget than that ton exported. “Each ton of scrap not exported but turned into metal…