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.
