Business news from Ukraine

Business news from Ukraine

Ukraine has sharply increased exports of scrap metal, Ukrmetallurgprom calls for ban

In 2024, ferrous scrap enterprises sharply increased exports of strategic raw materials for steelmaking companies by 60.6% compared to 2023, to 293.1 thousand tons (in 2023, exports amounted to 182.5 thousand tons, in 2022 – 53.6 thousand tons).

According to the Ukrainian Association of Secondary Metals (UAVtormet), scrap collectors increased scrap supplies to Ukrainian steelmakers by 29.8% year-on-year last year to 1.343 million tons.

The technological reserves of ferrous scrap at the enterprises were estimated at 40-50 thousand tons at the end of the year. At the same time, the estimated technological needs of metallurgists for this raw material, according to the Association, are fully met, with an excess of 3.5-5.2%.

Last year, the volume of ferrous scrap procurement increased by 37% to 1.749 million tons. According to UAVtormet, this trend was driven by an increase in steel production at metallurgical and foundry enterprises with a corresponding increase in scrap consumption, as well as the export capabilities of Ukrainian procurement companies during the reporting year.

Scrap imports amounted to 1.2 thousand tons in 2024 and 1.1 thousand tons in 2023.

It is also stated that steel production last year amounted to 7.575 million tons, which is 21.6% more than the previous year.

According to the forecast, Ukraine will produce 6.5-6.8 million tons of steel in 2025 (6.228 million tons were produced in 2023, 6.263 million tons in 2022), and will procure 1.450-1.650 million tons of scrap metal (1 million 277.3 thousand tons in 2023, 996.7 thousand tons in 2022). Steelmakers are also expected to consume 1.1-1.2 million tons of scrap (1 million 34.7 thousand tons in 2023 and 895.7 thousand tons in 2022), export 300-350 thousand tons of scrap (182.5 thousand tons in 2023 and 53.6 thousand tons in 2022), increasing the export of strategic raw materials for steelmakers. Scrap imports are expected to reach 1.5-3 thousand tons.

Earlier, Ukrmetallurgprom President Oleksandr Kalenkov stated in a column on theInterfax-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 the amount of export duties to the EU – up to $300 per ton.

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Scrap metal exports from Ukraine increased by 61% in 2024

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.

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Ukraine increased exports of scrap metal by third

In January-May this year, Ukrainian enterprises increased exports of ferrous scrap by 32.2% year-on-year to 102,366 thousand tons from 77,452 thousand tons.

According to statistics released by the State Customs Service on Thursday, 14.952 thousand tons were exported in May, 26.153 thousand tons in April, 20.907 thousand tons in March, 23.194 thousand tons in February and 17.160 thousand tons in January.

In monetary terms, scrap metal exports increased by 42.7% to $32.872 million from $23.028 million.

In January-May, scrap metal was exported to Poland (85.33%), Greece (10.61%) and Germany (3.92%).

In the first five months of the year, the country imported 424 tons of scrap metal worth $217 thousand. Imports were carried out from Slovakia (48.61% in monetary terms), Turkey (32.87%) and Poland (9.26%), while in January-May 2023, 344 tons of scrap were imported for $138 thousand.

As reported, in 2023, the scrap collecting enterprise of Ukraine 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 a column 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 noted 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 in the face of the ongoing war. He also clarified that a ton of scrap metal processed into steel brings in 10 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.

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Ukraine increased exports of scrap metal by more than half

In January-April this year, Ukrainian companies increased exports of ferrous scrap by 54.9% year-on-year to 87,414 thousand tons from 56,449 thousand tons.

According to statistics released by the State Customs Service on Friday, 26.153 thousand tons were exported in April, 20.907 thousand tons in March, 23.194 thousand tons in February and 17.160 thousand tons in January.

In monetary terms, scrap metal exports increased by 68.8% to $28.155 million from $16.684 million.

In January-April, Ukraine exported scrap metal to Poland (83.81%), Greece (12.39%) and Germany (3.65%).

In the first four months of the year, the country imported 339 tons of scrap metal for $187 thousand. Imports were carried out from Slovakia (43.01% in monetary terms), Turkey (38.17%) and Poland (8.06%), while in January-April 2023, 176 tons of scrap metal were imported for $64 thousand (49.23% from Slovakia, 21.54% from Moldova and 15.38% from the Netherlands).

As reported, in 2023, the scrap collecting enterprise of Ukraine 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 a column 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 noted 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 in the face of the ongoing war. He also clarified that a ton of scrap metal processed into steel brings in 10 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.

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Ukraine increased exports of scrap metal by 63%

In January-February this year, Ukrainian companies increased exports of ferrous scrap by 62.6% year-on-year to 40,354 thousand tons from 24,822 thousand tons.

According to statistics released by the State Customs Service (SCS) on Wednesday, exports of scrap metal increased 2.15 times in monetary terms to $12.903 million from $7.104 million.

Scrap metal exports in January-February were carried out to Poland (95.50%), Germany (4.39%) and Lithuania (0.09%).

In February, 23,194 thousand tons of scrap metal were exported (17,160 thousand tons in January) for $7.825 million ($5.078 million in January).

In the first two months of the year, the country imported 191 thousand tons of scrap metal for $68 thousand. Imports were carried out from Slovakia (77.94% in monetary terms), Poland (16.18%) and Moldova (5.88%), while in January-February 2023, 45 thousand tons were imported for $16 thousand.

As reported, in 2023, the scrap collecting enterprise of Ukraine 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 noted 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 in the ongoing war. He also clarified that a ton of scrap metal processed into steel brings in 10 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.

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Ukraine increased exports of scrap metal almost 4 times in 11 months

In January-November of this year, Ukrainian companies increased exports of ferrous scrap by 3.84 times compared to the same period last year, to 161,025 thousand tons, including 14,098 thousand tons of strategic raw materials exported in November.

According to the statistics released by the State Customs Service (SCS), in monetary terms, scrap metal exports amounted to $46.406 million in the period under review (up 2.93 times).

At the same time, the export of scrap metal has been growing since March: in January, about 8.28 thousand tons of scrap were exported, in February – 16.5 thousand tons, in March – 15.45 thousand tons, in April – about 16.19 thousand tons, in May – 21.5 thousand tons. tons, in May – 21.003 thousand tons, in June – 14.6 thousand tons, in July – 9.567 thousand tons, in August – 15.849 thousand tons, in September – 13.7 thousand tons, in October – 15.796 thousand tons, in November – 14.1 thousand tons.

Scrap metal was formally exported to Poland (85.87%), Greece (8.07%) and Bulgaria (2.35%).

In the first two months of the year, the country did not import scrap metal; in March-November, it imported 987 tons of scrap worth $383 thousand (48.04% from Slovakia, 22.45% from Poland, 7.31% from Estonia).

Earlier, Ukrmetallurgprom President Oleksandr Kalenkov stated in a column 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 duty, and the Ukrainian budget has already lost UAH 350 million.

According to him, the State Bureau of Investigation has already taken an interest in such export schemes.

The head of Ukrmetallurgprom called for a temporary ban on the export of ferrous scrap to provide steelmakers with strategically important raw materials in the ongoing war. He also clarified that a ton of scrap metal processed into steel brings in 10 times more to the budget than the EU export duty, which is about $300 per ton.

As reported, in 2022, Ukraine reduced exports of ferrous scrap by 11.5 times compared to the previous year to 53,557 thousand tons, while in monetary terms it decreased by 12.4 times to $19.271 million. At the same time, last year the country reduced imports of scrap metal in physical terms by 12.6 times to 1,824 thousand tons. tons, compared to the previous year – to $19.271 million tons, in monetary terms by 12.9 times – to $3.488 million. Imports of scrap metal in 2022 were mainly from Turkey (78.92% of supplies in monetary terms), the Russian Federation (13.25%) and Cyprus (5.08%); exports – to Turkey (38.97%), Poland (34.25%) and Greece (10.12%).

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