Ukrainian companies in January-May this year increased the export of scrap ferrous metals in 3.1 times compared to the same period last year – up to 77.452 thousand tons.
According to statistics released by the State Customs Service (SCS), the export of scrap metal for the period amounted to $23.028 million in monetary terms.
However, in March, April and May, there was an increase in exports of scrap metal: if about 8.28 thousand tons of scrap metal was exported in January and 16.5 thousand tons – in February, then in March – 15.45 thousand tons, April – about 16.19 thousand tons and May – 21.003 tons.
Exports of scrap metal in January-May 2023 was carried out in Poland (89.55%), Greece (7.51%) and the Netherlands (0.99%).
In the first two months of the year, the country did not import scrap metal, and in March-May imported 344 tons of scrap metal worth $138 thousand (41.30% from Slovakia, 18.12% from Poland and 13.77% from Estonia).
Earlier, the president of Ukrmetallurgprom Oleksandr Kalenkov wrote in his column on Interfax-Ukraine website that scrap metal is exported via the European Union, where a preferential export duty of EUR3 per ton operates, and from there the raw material is redirected to actual customers. To export scrap metal straight to customers would cost EUR 180 export duties and the Ukrainian budget has already lost 350 million hryvnias on it.
According to him, the State Bureau of Investigation has already taken interest in such export schemes.
The head of “Ukrmetallurgprom” urged to temporarily ban the export of scrap ferrous metals to provide the strategically important raw materials in the ongoing war.
“If scrap metal will remain in the country – more than 500 thousand people will have jobs, and the country will have millions of foreign exchange earnings from the export of steel. At the same time, the military also benefits, because metallurgists help the fighters a lot by buying equipment and cars for them, and even producing body armor. Nobody benefits from the export of scrap metal. That is why now the authorities should be proactive and temporarily ban the export until the situation stabilizes and stops threatening the national economic security,” says Kalenkov.
He noted that a ton of scrap metal, processed into steel, provides 10 times more to the budget than the export duty in the EU – about $300 per ton.
As reported, Ukraine in 2022, reduced exports of scrap ferrous metals in 11.5 times compared to the previous year – up to 53.557 tons, in monetary terms down to 12.4 times – to $ 19.271 million. At the same time last year, the country reduced the import of scrap metal in kind by 12.6 times – to 1.824 tons. Imports of scrap metal in 2022 was carried out mainly from Turkey (78.92% of supplies in monetary terms), Russia (13.25%) and Cyprus (5.08%), while exports – to Turkey (38.97%), Poland (34.25%) and Greece (10.12%).
In January-May this year, scrap metal companies have reduced the procurement of scrap metal by 33.5% compared to the same period last year – up to 444.3 thousand tons.
As reported in the operational information of the Ukrainian Association of Secondary Metals (UAVtormet), the export of scrap metal during this period amounted to 77.5 thousand tons compared to 25.2 thousand tons in January-May 2022 (an increase of 3.1 times). In this case, the import of scrap amounted to 0.03 thousand tons, compared to 0.1 thousand tons in the first five months of last year.
Scrap shipments to the country’s metal companies in January-May 2023 decreased by 44.3% compared to January-May 2022 – to 345.7 thousand tons from 620.7 thousand tons.
As of June 1, 2023, the level of scrap metal stock at Ukrainian metal companies was estimated at 25-30 thousand tons.
As reported, 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 the import of scrap was 1.8 thousand tons, compared to 23 thousand tons in 2021.
Scrap supplies to steel companies in the country last year decreased by 73% compared to 2021 – to 895.7 thousand tons from 3 million 323.4 thousand tons.
“UAVtormet predicts that this year the procurement of scrap ferrous metals in the amount of 1.2-1.25 million tons. In addition, it is projected that in 2023, the supply of scrap metal to metal companies of the country will amount to 950-1000 thousand tons. Scrap exports are expected to amount to 180-200 thousand tons, while imports are expected to amount to 0.2-0.5 thousand tons. Steel output in 2023 will be 4.8-5.2 million tons.
Ukrainian companies in January-April this year increased the export of scrap ferrous metals in 5 times compared to the same period last year – up to 56.449 thousand tons from 12.470 thousand tons.
According to statistics, promulgated by the State Customs Service (SCS), exports of scrap metal for the period amounted to $16.684 million (an increase of 3 times) in monetary terms.
However, in March and April, there was an increase in exports of scrap metal: if about 8.28 thousand tons of scrap metal was exported in January and 16.5 thousand tons in February, then in March – 15.45 thousand tons and in April – about 16.19 thousand tons.
Exports of scrap metal in January-April 2023 was carried out in Poland (97.37%), the Netherlands (1.10%) and Slovakia (0.67%).
In the first two months of the year, the country did not import scrap metal, in March-April, 176 tons of scrap metal worth $64 thousand (49.23% from Slovakia, 21.54% from Moldova and 15.38% from the Netherlands).
Earlier, Alexander Kalenkov, president of Ukrmetallurgprom, stated in his column on Interfax-Ukraine that scrap metal is exported via the European Union, where a preferential export duty of EUR3 per ton operates, and from there the raw material is redirected to actual customers. It would cost EUR 180 export duties if the scrap metal was exported directly to the customers – and the Ukrainian budget has already lost 350 million hryvnias on it.
According to him, the State Bureau of Investigation has already taken interest in such export schemes.
The head of “Ukrmetallurgprom” urged to temporarily ban the export of scrap ferrous metals to provide the strategically important raw materials in the ongoing war.
“If scrap metal will remain in the country – more than 500 thousand people will have jobs, and the country will have millions of foreign exchange earnings from the export of steel. At the same time, the military also benefits, because metallurgists help the fighters a lot by buying equipment and cars for them, and even producing body armor. Nobody benefits from the export of scrap metal. That is why now the authorities should be proactive and temporarily ban the export until the situation stabilizes and stops threatening the national economic security,” says Kalenkov.
He noted that a ton of scrap metal, processed into steel, provides 10 times more to the budget than the export duty in the EU – about $300 per ton.
As reported, Ukraine in 2022, reduced exports of scrap ferrous metals in 11.5 times compared to the previous year – up to 53.557 tons, in monetary terms down to 12.4 times – to $ 19.271 million. At the same time last year, the country reduced the import of scrap metal in kind by 12.6 times – to 1.824 tons. Imports of scrap metal in 2022 was carried out mainly from Turkey (78.92% of supplies in monetary terms), Russia (13.25%) and Cyprus (5.08%), while exports – to Turkey (38.97%), Poland (34.25%) and Greece (10.12%).
Ukrainian companies in January-March this year increased exports of scrap ferrous metals 5.7 times compared to the same period last year – up to 40.255 thousand tons.
According to statistics released by the State Customs Service (SCS), the export of scrap metal for the period amounted to $11.725 million in monetary terms.
However, there was an increase in exports of scrap metal in March: 24.8 thousand tons was exported in the first two months of this year, including 8.280 thousand tons in January, and 15.5 thousand tons in the third month of the year alone.
Exports of scrap metal in January-March 2023 was carried out in Poland (96.65%), the Netherlands (1.31%) and Slovakia (0.95%).
In the first two months of the year, the country did not import scrap metal, but in March it imported 46 tons of scrap metal worth $16 thousand from Slovakia.
Earlier, the president of Ukrmetallurgprom Alexander Kalenkov in his column on the Interfax-Ukraine noted that scrap metal is exported through the European Union, which has a preferential export duty of EUR3, and from there the raw material is redirected to the real customers. To export raw material directly to customers would cost EUR 180 export duties, and the Ukrainian budget has already lost 350 million hryvnias on it.
According to him, the State Bureau of Investigation has already taken interest in such export schemes.
The head of “Ukrmetallurgprom” urged to temporarily ban the export of scrap ferrous metals to provide the strategically important raw materials in the ongoing war.
“If scrap metal will remain in the country – more than 500 thousand people will have jobs, and the country will have millions of foreign exchange earnings from the export of steel. At the same time, the military also benefits – because metallurgists help the fighters a lot, buying for them equipment and cars, and even producing body armor. Nobody benefits from the export of scrap metal. That is why now the authorities should be proactive and temporarily ban the export until the situation stabilizes and stops threatening the national economic security”, says Kalenkov.
He noted that 1 ton of scrap metal, processed into steel, provides the budget 10 times more than the export duty in the EU – about $300 per ton.
As reported, Ukraine in 2022, reduced exports of scrap ferrous metals in 11.5 times compared to the previous year – up to 53.557 tons, in monetary terms down to 12.4 times – to $ 19.271 million. At the same time last year, the country reduced the import of scrap metal in kind by 12.6 times – to 1.824 tons. Imports of scrap metal in 2022 was carried out mainly from Turkey (78.92% of supplies in monetary terms), Russia (13.25%) and Cyprus (5.08%), while exports – to Turkey (38.97%), Poland (34.25%) and Greece (10.12%).
Ukrainian companies in January this year increased the export of scrap ferrous metals by 45.5% compared to the same period last year – up to 8,280 thousand tons.
According to statistics released by the State Customs Service (SCS), in terms of money exports of scrap metal decreased by 8.5% – to $ 2.362 million.
At the same time, the country did not import scrap metal in the first month of the year.
Exports of scrap metal in January-2023 was carried out in Poland (95.68%), Slovakia (2.58%) and Germany (1.10%).
As reported, Ukraine in 2022, scrap exports of ferrous metals decreased by 11.5 times compared to the previous year – up to 53.557 tons, in monetary terms down to 12.4 times – to $ 19.271 million. At the same time, last year, the country reduced the import of scrap metal in kind by 12.6 times – to 1.824 thousand tons. Imports of scrap metal in 2022 was carried out mainly from Turkey (78.92% of supplies in monetary terms), Russia (13.25%) and Cyprus (5.08%), while exports – to Turkey (38.97%), Poland (34.25%) and Greece (10.12%).
Consumption of scrap metal in the world fell in the first half of this year by 8.4% compared to the same period last year – to 248.789 million tons, following the downward trend in steel production, the Bureau of International Recycling (BIR) reported.
At the same time, it is specified that the largest consumer of steel scrap – China – over this period reduced scrap consumption by 13.8% – to 119.55 million tons, the share of scrap in the production of crude steel decreased to 22.7%.
In the second largest user, the EU, scrap use fell 3.2% to an estimated 43.856 million tonnes, while first-half US scrap use fell 3% year-on-year to 22.5 million tonnes.
The consumption of scrap metal in Turkey in the first half of the year decreased by 3% – to 12.480 million tons, the share of steel scrap in the production of crude steel was 87.1%.
BIR notes that Turkey remains the world’s largest importer of scrap steel, importing 2.23 million tons from the US, 1.16 million tons from the Netherlands and 1.135 million tons from the UK.
The second largest importer – South Korea – imported 2.72 million tons of scrap in the first half of the year, which is 29.1% more than in the previous period, while supplies from Japan amounted to 1.7 million tons, the United States – 399 thousand tons and Russia – 226 thousand tons.
India imported 2.67 million tons of scrap metal in the first half of the year, up 0.3%, of which 711 thousand tons from the UAE, 208 thousand tons from the United States and 170 thousand tons from Singapore.
Scrap metal imports also increased to Thailand, Indonesia and Norway in the first half of the year, but fell to the US, EU and Taiwan, BIR reported.
The largest exporter of scrap in the first half of the year is the United States, deliveries amounted to 8.87 million tons. Its main buyers were Mexico (2.005 million tons), Turkey (2 million tons), Bangladesh (900 thousand tons) and South Korea (357 thousand tons).
EU scrap metal exports fell 23.9% to 8.5 million tons, with Turkey (5.8 million tons), Egypt (625 thousand tons) and Switzerland (318 thousand tons) being the main destinations.
