In January this year, scrap metal dealers reduced scrap procurement by 75.6% compared to the same period last year to 60.5 thousand tons from 248.1 thousand tons.
As reported in the operational information of the Ukrainian Association of Secondary Metals (UAVtormet) on Friday, the export of scrap metal during this period amounted to 8.3 thousand tons compared to 5.8 thousand tons in January 2022 (an increase of 43.1%). At the same time, there were no imports of scrap, while in the first month of last year it was 0.1 thousand tons.
Scrap shipments to the country’s metal companies in January-2023 decreased by 78.1% compared to January-2022 to 49.4 thousand tons from 226 thousand tons.
As of February 1, 2023, the level of scrap metal stock at metal companies in Ukraine was estimated at 20-25 thousand tons.
As reported earlier by UAVtormet, Ukraine in 2022, reduced the procurement of scrap metal by 75.9% compared to the previous year – up to 996.7 thousand tons from 4.136 million tons. The export of scrap metal last year was 53.6 thousand tons, which is 11.5 times less than in 2021 (615.7 thousand tons). At the same time, imports of scrap amounted to 1.8 thousand tons, compared to 23 thousand tons in 2021.
Scrap shipments to metal companies in the country in 2022 decreased by 73% compared to 2021 – to 895.7 thousand tons from 3 million 323.4 thousand tons.
“UAVtormet” predicts a decrease in the procurement of scrap ferrous metals to 820 – 850 thousand tons this year. In addition, it is predicted that in 2023, the supply of scrap metal to metal companies in the country will be reduced to 720-750 thousand tons. Scrap exports are expected to amount to 80-120 thousand tons. Steel production in 2023 will be 3.6-3.8 million tons.
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