Ukrainian companies increased exports of ferrous scrap by 1.55% year-on-year to 40,980 thousand tons from 40,354 thousand tons in January-February this year.
According to statistics released by the State Customs Service (SCS) on Tuesday, 25,284 thousand tons of scrap were exported in February, up 61% from 15,696 thousand tons in the previous month.
In monetary terms, the export of scrap metal in January-February decreased by 8.4% to $11.816 million from $12.903 million.
Exports of scrap metal in the period under review were mainly to Poland (93.24% of supplies in monetary terms), Bulgaria (4.32%) and Germany (2.20%).
In the first two months of the year, Ukraine imported 3 tons of scrap metal per $1 thousand from the British Virgin Islands, with deliveries taking place in January.
As reported, in 2024, Ukraine’s scrap collecting enterprises increased exports of ferrous scrap by 60.7% compared to 2023 – up to 293,190 thousand tons from 182,465 thousand tons. In monetary terms, the export of scrap metal increased by 73.2% to $91.311 million from $52.723 million over the year. Last year, scrap metal was exported mainly to Poland (81.80%), Greece (13.75%) and Germany (3.19%).
Last year, Ukraine imported 104 tons of scrap metal worth $110 thousand, mainly from Turkey (64.55% in monetary terms), the British Virgin Islands (16.36%) and Panama (8.18%), while the previous year the country imported 1,075 thousand tons worth $411 thousand.
