Scrap export duty increase is a temporarily and forced action taken with the country interests in mind, says deputy minister of economical development and trade, the trade representative of Ukraine Natalia Mikolskaya. According to her, for EU scrap exports from Ukraine are not economically important, as it consumes very little of Ukrainian scrap. “That’s more…
On June 17, Kiev will host the “Scrap metal: sources and market trends” conference. Scrap procurement and sales are having hard times. Export limiting decrees have made the market uncertain and nervous and the conflict with metal makers even deeper. The conference will deal with scrap procurement under such difficult circumstances, prospects of scrap export…
Army of dignity has stopped a truck laden with non-ferrous radioactive pipes at the exit from the Chernobyl zone. According to the activists, there were several trucks driving out of the zone, but only one was stopped. There were also a couple of luxury-class cars. According to the drivers, the cargo was checked at two…
The State Fiscal Service of Ukraine gives out permits for the export of scrap despite the decree of the District Administrative Court of Kiev. In particular, the Nikolayev Customs has given out electronic customs declarations to a Kiev and a Zaporozhye companies for scrap export. The end customer is a Turkish company. The court prohibited…
In April Ukraine exported $14.37 million worth of ferrous metals scrap, with imports on the level of $0.24 million. According to the State Fiscal Service, the main importer of Ukrainian scrap in April was Turkey ($14.23 million). In January-April scarp exports totaled $16.84 million, while imports were on the level of $1.78 million. (Ukrainian metal)
In April scrap shortage in Ukraine totaled 34 thousand tons, or 12% of the metal companies need. “With scrap deficiency imports of Russian hot-briquetted iron (HBI) increased 9.6 times”, said Interpipe. Local market received 264 thousand tons of scrap, while it needed 298 thousand tons. “Ukraine wasn’t able to satisfy its needs because of the…
In January-April Ukraine exported 94.02 thousand tons of ferrous scrap metal, down by 76.9% YoY. According to the State Fiscal Service, export revenues reached $16.84 million, down by 83.3% YoY. At the same time, in April Ukraine exported 82.47 thousand tons of scrap, with only 11.54 thousand tons in Q1. (Ukrainian metal)
Almost all Ukrainian iron and steel works are suffering from scrap shortage. According to Derzhzovnishinform, in April they received 150 thousand tons of scrap, or 97% of the needs. Stocks haven’t changed much and total 35 thousand tons. In early May scrap prices were on the level of $269-271 per ton FOB. Last year scrap…