Ukraine: new scrap decree developed
The ministry for economical development and trade has developed a new decree on metal scrap to increase transparency of business and metal companies supplies.
The ministry for economical development and trade has developed a new decree on metal scrap to increase transparency of business and metal companies supplies.
In January-November Ukraine increased ferrous scrap exports by 40.4% or by 43% YoY (depending on the comparison base).
The Verkhovnaya Rada of Ukraine has received a decree to implement changes to Article 4 of the Ukrainian Decree “On metal scrap”.
Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* min max September 62 166 October 62 157 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Metallurgprom believes the optimal level for scrap export duty is 50 euro per ton.
Ukrpromvenshexpertisa state enterprise says metal companies currently stock low volumes of scrap.
The State Border Service of Ukraine has detained three Ukrainians who have been taking radioactive metal scrap from the exclusion zone.
The Ministry for economic development and trade is working on a decree to increase scrap export duties.