In July Ukraine imported $0.44 million worth of ferrous scrap. At the same time, no scrap was exported. According to the State Fiscal Service, the major supplier of scrap in July was Turkey ($0.26 million). In January-July Ukraine exported $40.99 million worth of ferrous scrap, while imports stood at $4.12 million. In June ferrous scrap…
The state enterprise Ukrpromvneshexpertisa forecasts the ferrous scrap procurement in 2016 on the level of 3.3-3.5 million tons. In H1 Ukraine exported 233 thousand tons of scrap, in H2 after the export is unblocked due to the scrap export duties increase from 10 euro to 30 euro per ton, Ukraine will additionally export some 300-400…
The state enterprise Ukrpromvneshexpertisa believes local ferrous scrap prices will fall in Q4 by 4.76% QoQ, or by 170 UAH per ton, to 3.4 thousand UAH per ton. “In Q3 the average price will total 3570 UAH per ton, and will drop to 3.4 thousand UAH in Q4”, says the enterprise marketing department head Yuri…
In January-June Turkey imported 9.18 million tons of ferrous metals scrap valued at $1.97 billion, up by 8.4% and down by 20% YoY respectively. According to the Turkish Statistical Institute, imports from US went up by 7.8%, to 1.89 million tons, from Russia – by 16.1%, to 1.43 million tons, and from UK – by…
Month Ukrainian market, $/t, without VAT, FCA, $1/UAH24.854* min max May 197 211 June 149 153 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Companies dealing with ferrous and non-ferrous scrap, as well as other secondary materials have created the Ukrainian association of secondary metals and resources (UAVtormetresurs). According to Euro-Metal Invest deputy CEO Valeri Katunin, the company was registered on July 18. It will be a non-profitable organization. It will deal with protecting interests of its members; cooperate…
Month Russian market, $/t, FCA, without VAT, $1/RUR64.2575* min max May 62 199 June 62 195 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In June Ukrainian companies received 299 thousand tons of scrap, up by 5% MoM, or by 13 thousand tons. According to the state enterprise Ukrpromvneshexpertisa, the increase was the result of the traders quickly selling their stocks in fear of the further drop in local market purchasing quotations. In June local metal companies decreased their…