In January the Moscow subsidiary of the First Cargo Company increased throughput by 35% YoY, to 173 thousand tons. The main cargo was ferrous metals, scrap, chemical and mineral fertilizers. The increase was due to the high demand for ferrous metals and scrap on behalf of the machine-building enterprises of the Central and Southern districts…
In January scrap stocks at Ukrainian iron and steel works decreased by 70 thousand tons, to 120 thousand tons. Last month metal companies received 230 thousand tons of scrap, down by 90 thousand tons MoM, or 73% of their need. In January Ukraine exported 10 thousand tons of scrap and imported 2 thousand tons. In…
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…
