Ukraine: scrap prices at their lowest

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…

Ukraine: VR increases scrap export duty

The Verkhovnaya Rada of Ukraine has increased the export duty on the ferrous metals scrap from 10 euro per ton to 30 euro for 1 year and cancelled the registration of import contracts. 248 people’s deputies supported the new version of the decree, which blocked the previous one on the 3-years term. “This is the…

Ukraine: scrap export-import in H1 2016

In January-June Ukraine exported 233.37 thousand tons of scrap worth $40.99 million, down by 68.4% and 77.5% YoY respectively. According to the customs statistics, provided by the State Fiscal Service, in June scrap exports totaled 26.78 thousand tons, with 112.57 thousand tons in May and 82.47 thousand tons in April, while in Q1 exports were…