Ukraine’s Cabinet of Ministers has facilitated exports of scrap ferrous and nonferrous metals, revoking the registration of foreign economic contracts related to transactions with scrap metal. The amendments were made to some government resolutions in resolution No. 1035 dated December 28, 2016. The resolution also annuls some previous government resolutions. “The government has relaxed the…
In January-October Russia exported 69 thousand tons of stainless steel scrap and waste valued at $68 million, up by 9.4% but down by 5.3% YoY respectively. 8% nickel-containing scrap accounts for 64% of the total scrap exports. In October Russia exported 10.4 thousand tons of this scrap, up 2-fold MoM. Some 57% of exports went…
In November Ukraine imported $1.052 million worth of ferrous scrap, with exports on the level of $2.283 million. According to the State Fiscal Service, Ukraine exported most of its ferrous scrap to Turkey ($2.241 million). In January-November Ukraine exported $42.6 million worth of ferrous scrap, while imports totaled $7.552 million. (Ukrainian metal)
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max October 154 159 November 186 193 * – 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)
Interpipe intends to increase scrap imports in December 2016 – January 2017. “We continue increasing scrap imports from Moldova and Russia. We also think over other ways to decrease raw materials deficiency. In particular, we are analyzing HBI and even steel billet imports. We also hope that Ukrzaliznytsia starts selling its scrap, which we estimate…
The Belarus government has set order volumes for scrap and ferrous and non-ferrous waste deliveries for state needs in 2017. Next year the country plans to procure 1.29 million tons of ferrous scrap and waste, as well as 19.2 thousand tons of non-ferrous scrap and waste. In particular, the Industry Ministry is supposed to procure…
In January-November the shortage of scrap in Ukraine reached 582 thousand tons. During 11 months Ukrainian metal companies received 2.9 million tons of scrap, with their need at 3.5 million tons. The main reason for the shortage is the record low scrap procurement – 3.1 million tons, down by 22% YoY, and by 36.3% than…
Month Ukrainian market, $/t, without VAT, FCA, $1/UAH25.496* min max September 155 159 October 155 159 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal) Dear colleagues! From 2017 the monthly metal price monitoring…