On February 6, the South-Western Railroads, a subsidiary of Ukrzaliznytsia, held its first scrap auctions with the total value of 4.2 million UAH. The trade was announced on January 25. Only 2 companies participated: Nizhin Research and Mechanical Plant (NDMZ) and Trading House Budkom. The initial price of the auction was 5935 UAH per ton.…
In January ferrous scrap deliveries via railroad to Russian metal and pipe works totaled 0.73 million tons, down by 30.8% MoM. At the same time deliveries increased by 55.4% YoY, to the maximum for the last 7 years. (Ukrainian metal)
In January Ukraine exported 10.106 thousand tons of ferrous scrap, up 6.6 times YoY, but down MoM, as in December 2016 it exported 20.485 thousand tons. According to the State Fiscal Service, the exports increased 6.2 times, to $2.097 million. Imports in January went up 4.3 times YoY, to 1.882 thousand tons. Turkey (92.3% and…
In January-November 2016 Russia exported 78.3 thousand tons of stainless steel scrap and wastes valued at $77.3 million, up by 13.3% YoY, but down by 1.8% YoY respectively. 8% and more nickel-content scrap accounts for 64% of the exports. In November 2016 Russia exported 9.3 thousand tons of this scrap, down by 11% MoM. Some…
Law enforcers together with the military have suppressed the delivery of 80 kg of scrap from the exclusion zone of the Kiev region. In mid-January 3 Ukrainians were stopped some 100 meters from the exclusion zone while transporting around 80 kg of scrap. The investigation revealed that they were stocking scrap to sell. (Ukrainian metal)
The Cabinet of Ministers of Ukraine has simplified the procedure of scrap export registration and canceled the decree on the registration. This will liberalize foreign trade and eliminate old obstacles. “The decision cancels the red-tape procedure of contract registration, opening the free scrap exports, improving the business climate in Ukraine and decreasing corruption risks”, the…
In 2016 Ukraine exported 272.569 thousand tons of scrap, down by 77.5% YoY. According to the customs statistics, published by the State Fiscal Service of Ukraine, exports also fell by 83.3% YoY, to $48.623 million. In particular, in July-September 2016 Ukraine did not export any scrap, with 6.855 thousand tons exported in October 2016, 11.862…
Month Russian market, $/t, FCA, without VAT, $1/RUR64.9* min max October 62 185 November 77 196 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)