Every three days, trucks loaded with metal scrap leave the territory of Azot in Severodonetsk, the head of the Luhansk Regional Military Administration Artem Lysohor has reported. He said the occupiers were actively cutting machinery that survived Russian shelling for scrap. Last year, Russians shot several propaganda series featuring ex-employees of Azot. In them the…
If Ukrzaliznytsia starts exporting scrap via direct contracts, as its management plans, this will not result in a 2-2.5-fold increase in profit. The maximum margin will amount to $5 per ton. According to the economist Olexii Kusch, the company does not understand the scrap price forming. He says, on the domestic market all expenses from…
Ukrzaliznytsia has asked the Cabinet of Ministers to allow it selling a part of its scrap to major global metal manufacturers via direct agreements without export duty. “There is an idea to sell a part of scrap for export at the external prices, which are 2-2.5 times higher than in Ukraine. Back in April, we…
In January-August, Ukraine procured 754.5 thousand tons of scrap, down by 3.5% YoY. Domestic deliveries of scrap to metal plants decreased by 15.8%, to 601.1 thousand tons. Imports fell by 62.5%, to 0.6 thousand tons. At the same time, exports went up 3.9-fold, to 117.5 thousand tons. As of September 1, scrap stocks at metal…
In January-August, Ukraine exported 117.464 thousand tons of ferrous scrap, up 3.9-fold YoY. Revenue grew 2.7-fold, to $34.127 million. According to the State Customs Service, since March there has been an increase in exports: in January Ukraine exported 8.28 thousand tons of scrap, in February – 16.5 thousand tons, in March – 15.45 thousand tons,…
Ukrzaliznytsia asks the government to relieve it of the obligation to sell ferrous metals scrap via the Prozorro system. The company wants to sell scrap by directly concluding agreements with potential customers. At present Ukrzaliznytsia is obliged to announce tenders in Prozorro to sell scrap under closed trades, where the main criterion is the highest…
Confirmed volumes of military machinery that can be considered scrap metal are estimated at 1-1.2 million tons. Considerable amounts of such machines are located in Kherson, Donetsk, Luhansk, Sumy, Chernihiv and Mykolaiv regions. Such amounts are enough to organize a separate processing enterprise or significantly modernize available foundries. Up to 30% of tanks could be…
The Cabinet of Ministers has registered a draft bill “On amendments to Article 2 of the law “On scrap metal”” in the Verkhovna Rada. The bill has been registered under the number 9484. The document aims to regulate legislative aspects of procuring and trading in scrap, as well as to remove the norms on conforming…
