Business news from Ukraine

Business news from Ukraine

Scrap collectors increased scrap supplies to steelmakers by 52%, exports up 55%

In January-April of this year, ferrous scrap companies increased scrap supplies to Ukrainian steelmakers by 52.3% year-on-year to 446 thousand tons from 292.8 thousand tons.

As reported in the operational information of the Ukrainian Association of Secondary Metals (UAVtormet) on Monday, scrap metal procurement in the first four months of this year increased by 53.7% compared to the same period last year – up to 563.4 thousand tons from 366.6 thousand tons.

At the same time, exports of scrap metal for the period amounted to 87.4 thousand tons compared to 56.4 thousand tons in January-April 2023 (an increase of 54.9%). At the same time, imports of scrap amounted to 0.34 thousand tons compared to 0.06 thousand tons in 4 months of 2023.

As of May 1, 2023, the level of scrap metal stocks at Ukrainian steelmaking enterprises was estimated at 25-30 thousand tons.

In 2024, companies dealing with ferrous scrap may increase their scrap procurement by 37-45% year-on-year to 1.75-1.85 million tons.

According to UVTORMET’s forecast, Ukraine will produce 7-7.2 million tons of steel in 2024 (6.228 million tons in 2023 and 6.263 million tons in 2022) and procure 1.75-1.85 million tons of scrap metal (1,277.3 thousand tons in 2023 and 996.7 thousand tons in 2022). Steelmakers are also expected to consume 1.4-1.5 million tons of scrap (1 million 34.7 thousand tons in 2023 and 895.7 thousand tons in 2022) and export 250-300 thousand tons of scrap (182.5 thousand tons and 53.6 thousand tons, respectively), increasing the export of strategic raw materials for steelmakers by 37-64% compared to last year.

, ,

Lithuania, Czech Republic, Latvia and Estonia propose to Brussels to ban imports of ferrous metal scrap, copper and aluminum from Russia

Four EU countries – Lithuania, the Czech Republic, Latvia and Estonia – propose to Brussels to ban the import of waste and scrap ferrous metals, copper and aluminum from Russia.

Such a proposal was presented at a meeting of the European Union Environment Council held on March 25, the Lithuanian Environment Ministry said.

“Lithuania proposes that the European Commission assess all possibilities at EU level and make a proposal to suspend waste imports from Russia to the EU or allow Member States to adopt unilateral restrictive measures. We believe that such imports contribute to financing Russia’s war against Ukraine and should be stopped,” Lithuania’s deputy permanent representative to the EU, Ambassador Jurga Kasputene, said at the council meeting.

According to the Environment Ministry, more than 118 million euros worth of waste and scrap ferrous metals, copper and aluminum were imported from Russia to the EU in 2022-2023. Most of these imports go through Lithuania.

According to the ministry, cross-border transportation of waste is regulated by the Basel Convention and the Waste Transportation Regulation, so individual member states cannot unilaterally ban or restrict such imports.

, , , , , ,

Ukraine will increase scrap procurement by 17-33% and increase its export from country

In 2024, ferrous scrap companies may increase their scrap procurement by 17-33% year-on-year to 1.5-1.7 million tons.

This is the forecast balance of scrap metal production and consumption in the country for 2024, according to the Ukrainian Association of Secondary Metals (UAVtormet).

According to the forecast, Ukraine will produce 6.8-7 million tons of steel in 2024 (6.228 million tons in 2023 and 6.263 million tons in 2022), and will procure 1.5-1.7 million tons of scrap metal (1,277.3 thousand tons in 2023 and 996,000 tons in 2022). tons, in 2022 – 996.7 thousand tons), steel companies will consume 1 million 277.3 thousand tons (in 2022 – 1 million 277.3 thousand tons), and steel companies will consume 1 million 277.3 thousand tons. tons. tons), steelmakers will consume 1.2-1.4 million tons of scrap (in 2023 – 1 million 34.7 thousand tons, in 2022 – 895.7 thousand tons), export 250-300 thousand tons of scrap (182.5 thousand tons and 53.6 thousand tons, respectively), increasing the export of strategic raw materials for steelmakers by 37-64% compared to last year.

,

Scrap collectors increased scrap supplies to steelmakers by 8.2%

In January-November of this year, ferrous scrap enterprises increased scrap supplies to Ukrainian steelmakers by 8.2% year-on-year to 910.9 thousand tons from 841.9 thousand tons.

As reported in the operational information of the Ukrainian Association of Secondary Metals (UAVtormet) on Thursday, scrap metal procurement for 11 months of this year increased by 27.3% compared to the same period last year – up to 1 million 127.6 thousand tons from 886.1 thousand tons.

At the same time, exports of scrap metal for the period amounted to 161 thousand tons compared to 42 thousand tons in January-November 2022 (an increase of 3.83 times). At the same time, imports of scrap amounted to 0.9 thousand tons, while for 11 months of 2022 – 2.3 thousand tons.

As of December 1, 2023, the level of scrap metal stocks at Ukrainian steelmaking enterprises was estimated at 35-40 thousand tons.

As reported, in 2022, Ukraine reduced scrap procurement by 75.9% compared to 2021 – to 996.7 thousand tons from 4.136 million tons. Last year, scrap exports amounted to 53.6 thousand tons, which is 11.5 times less than in the previous year (615.7 thousand tons). At the same time, scrap imports amounted to 1.8 thousand tons (in 2021 – 23 thousand tons).

In 2022, scrap supplies to the country’s steelmaking companies decreased by 73% compared to 2021, to 895.7 thousand tons from 3 million 323.4 thousand tons.

“UAVtormet forecasts ferrous scrap procurement of 1.25-1.3 million tons in 2023. In addition, it is expected that scrap supplies to the country’s steelmakers will amount to 1-1.05 million tons. Exports of scrap metal are expected to reach 180-200 thousand tons, while imports are expected to reach 0.8-1.2 thousand tons. Steel production is expected to reach 5.7-5.9 million tons.

, ,

Ukraine plans to become major scrap exporter in 2023

In 2023, enterprises engaged in operations with ferrous metal scrap may increase the volume of scrap metal procurement by 20-25% compared to the previous year – up to 1.2-1.25 million tons.

Such a draft balance of scrap metal formation and consumption in the country for 2023 was recommended for approval by the majority of votes of the members of the working group under the Ministry of Strategic Industries of Ukraine.

At the meeting of the working group chaired by the First Deputy Minister Oleg Mozhny considered the issue of approval of the balance of formation and consumption of scrap metal in Ukraine for 2023. The meeting was attended by industry associations: the Ukrainian Association of Secondary Metals (UAVtormet), UAVtormetresurs, the Association of Enterprises “Ukrmetallurgprom”, the Association of Foundrymen of Ukraine (ALU), as well as industry experts and scientists.

According to the draft balance sheet, Ukraine will smelt 5.2-5.6 million tons of steel in 2023 (6.263 million tons were produced in 2022), harvest 1.2-1.25 million tons of scrap metal (in 2022 – 997 thousand tons), metal enterprises will consume 5.2-5.6 million tons of steel (in 2022 – 997 thousand tons). steel companies will consume 0.950-1 million tons of scrap metal (896 thousand tons), export 180-200 thousand tons of scrap metal (53.6 thousand tons), increasing the export of raw materials strategic for metallurgists by 3.4-3.7 times compared to last year.

,

Ukraine has reduced scrap procurement by 25% and increased its export more than threefold

Enterprises for operations with ferrous scrap in January-June of this year reduced scrap metal procurement by 25.2% compared to the same period last year – up to 531 thousand tons.
As reported in the operational information of the Ukrainian Association of Secondary Metals (“UAVtormet”) on Wednesday, the export of scrap metal for the period amounted to 92 thousand tons compared to 28.7 thousand tons in January-June-2022 (growth in 3.2 times). At the same time, import of scrap amounted to 0.5 thousand tons, while in the first six months of last year it amounted to 1.6 thousand tons.
Scrap deliveries to the country’s steel enterprises in January-June 2023 decreased by 37.2% compared to January-June 2022 – to 413.8 thousand tons from 659.4 thousand tons.
As of July 1, 2023, the level of scrap metal stocks at Ukrainian metal enterprises was estimated at 15-20 thousand tons.
As reported, Ukraine in 2022 reduced scrap procurement by 75.9% compared to 2021 – to 996.7 thousand tons from 4.136 million tons. Scrap metal exports last year amounted to 53.6 thousand tons, which is 11.5 times less compared to the previous year (615.7 thousand tons). At the same time, scrap imports amounted to 1.8 thousand tons (23 thousand tons in 2021).
Scrap deliveries to the country’s metal enterprises in 2022 decreased by 73% compared to 2021 – to 895.7 thousand tons from 3 million 323.4 thousand tons.
“UAVtormet” forecasts in 2023 the procurement of ferrous scrap in the amount of 1.2-1.25 million tons. In addition, scrap deliveries to the country’s metal enterprises are forecast to amount to 950-1000 thousand tons. Export of scrap metal is expected to amount to 180-200 thousand tons, import – 0.2-0.5 thousand tons. Steel output is expected to be 4.8-5.2 million tons.

,