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.
