Business news from Ukraine

UKRAINES EXPORT OF SCRAP METAL RAISES UP IN MONEY VALUES BY 25 TIMES IN JAN-NOV

6 December , 2021  

Ukrainian enterprises in January-November of this year increased the export of ferrous scrap, according to operational data, by 24.8 times compared to the same period last year, to $211.92 million from $8.55 million.
According to preliminary summarized statistics released by the State Customs Service on Thursday, in money values, the export of scrap metal in November 2021 amounted to $16.17 million, while in November 2020 it was $352,340.
At the same time, in January-November of this year, the country increased the import of scrap metal in money values by 88%, to $40.91 million; in November, scrap was imported for $3.47 million.

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