In 2024, Ukrainian companies increased their exports of ferrous scrap by 60.7% compared to 2023, up to 293,190 thousand tons from 182,465 thousand tons.
According to statistics released by the State Customs Service (SCS), 31,612 thousand tons of scrap were exported in December, 34,608 thousand tons in November, 24,549 thousand tons in October, 24,767 thousand tons in September, 28,287 thousand tons in August, 28,567 thousand tons in August, and 28,567 thousand tons in September. tons, September – 28,549 thousand tons, September – 24,767 thousand tons, August – 28,425 thousand tons, July – 24,702 thousand tons, June – 22,161 thousand tons, May – 14,952 thousand tons, April – 26,153 thousand tons, March – 20,907 thousand tons, February – 23,194 thousand tons, January – 17,160 thousand tons.
In monetary terms, scrap metal exports increased by 73.2% to $91.311 million from $52.723 million over the year.
Scrap metal exports in 2024 were mainly to Poland (81.80%), Greece (13.75%) and Germany (3.19%).
For the whole of last year, the country imported 104 tons of scrap metal worth $110 thousand, while in 2023 it imported 1,075 thousand tons worth $411 thousand. Imports were carried out mainly from Turkey (64.55% in monetary terms), the British Virgin Islands (16.36%) and Panama (8.18%).
As reported, in 2023, Ukraine’s scrap collection company increased the export of scrap metal from the country by 3.4 times compared to the previous year – up to 182,485 thousand tons from 53,557 thousand tons. In monetary terms, exports increased 2.74 times to $52.723 million from $19.271 million.
Earlier, Ukrmetallurgprom President Oleksandr Kalenkov stated in an op-ed on the Interfax-Ukraine website that scrap metal is exported through the European Union, which has a preferential export duty of EUR3 per ton, and from there the raw materials are redirected to real customers. He pointed out that exporting raw materials directly to customers would cost EUR180 in export duties, and the Ukrainian budget has already lost UAH 350 million.
The head of Ukrmetallurgprom called for a temporary ban on the export of ferrous scrap to provide steelmakers with strategically important raw materials during the war. He also clarified that a ton of scrap metal processed into steel brings in ten times more to the budget than the EU export duty, which is about $300 per ton.
In 2022, Ukraine reduced exports of ferrous scrap by 11.5 times compared to the previous year, to 53,557 thousand tons, and in monetary terms, it decreased by 12.4 times, to $19.271 million.
