Business news from Ukraine

Business news from Ukraine

UKRAINE INCREASES SCRAP METAL EXPORTS BY 37.6% IN JAN-SEPT, SHARPLY BOOSTS IT IN JULY-SEPT

5 October , 2017  

KYIV. Oct 5 (Interfax-Ukraine) – Ukrainian enterprises working with scrap ferrous metals in January-September 2017 increased exports of these products by 37.6% compared to the same period in 2016, to 321,104 tonnes (233,378 tonnes a year ago).
According to customs statistics made public by the State Fiscal Service of Ukraine, scrap metal exports in monetary terms grew by 82.5%, to $74.83 million ($40.992 million in January-September 2016).
In September, exports of scrap metal totaled 64,336 tonnes, while in August it was 68,729 tonnes, July 57,073 tonnes, June 29,106 tonnes, in May 26,151 tonnes, April – 27,038 tonnes, March – 20,889 tonnes, February – 7,676 tonnes and January – 10,106 tonnes.
In January-September 2017 the country increased imports of scrap metal in natural terms by 6.9% compared to January-September 2016, to 17,606 tonnes. In monetary terms, imports grew 2.9-fold, to $16.936 million.
The goods were mainly imported from Turkey (86.98% of supply in terms of money), and Moldova (4.78%). Exports mainly went to Turkey (49.26%), Moldova (45.74%) and Bulgaria (2.91%).