In January-October of this year, enterprises engaged in operations with ferrous scrap increased procurement of scrap metal by 38.2% compared to the same period last year, to 3.444 million tonnes.
According to the recent information of the Ukrainian Association of Secondary Metals (UAVtormet) on Tuesday, export of scrap metal for the specified period amounted to 503,500 tonnes, which is 15.5 times more compared to the same period in 2020 (32,400 tonnes).
At the same time, import of scrap in January-October amounted to 19,800 tonnes, which is 30% more than in January-October 2020 (15,200 tonnes).
Over ten months of 2021, the supply of scrap to the country’s metallurgical enterprises increased by 18.6% compared to the same period last year, to 2.777 million tonnes. The level of scrap metal stocks at metallurgical enterprises as of November 1, 2021 was estimated at 130,000-135,000 tonnes.
