Ukrainian enterprises in January-October this year, reduced the export of scrap ferrous metals in 13.3 times compared to the same period last year – up to 37.774 thousand tons.
According to statistics released by the State Customs Service (SCS), in monetary terms, the export of scrap metal during this period decreased by 13.4 times – to $14.589 million.
At the same time, the country has reduced the import of scrap metal in volume terms by 11.7 times to 1.691 thousand tons for ten months. In monetary terms, the import of scrap decreased by 10.8 times – to $ 3.453 million.
In addition, steel companies in Ukraine in January-October 2022, did not import products of direct reduction of iron ore to code 7203 – hot briquetted iron, which is a substitute for pig iron and scrap, but exported 258 tons of these products to India (100%) amounting to $ 48 thousand.
As reported, Ukraine in 2021 increased exports of scrap metal in 17.2 times compared to the previous year – up to 615.687 tons. In monetary terms, exports of scrap metal increased by 25.2 times to $238.895 million.
In 2021, the country reduced imports of scrap metal by 13.1% in volume terms, to 22.964 thousand tons. In monetary terms, scrap imports increased by 72.4% to $44.883 million.
Imports of scrap metal in 2021 was carried out mainly from Turkey (60.42% of supplies in monetary terms), Russia (33.44%) and Belarus (1.57%); exports – to Turkey (84.85%), Romania (6.66%) and Poland (3.45%).
In addition, steel companies in Ukraine in 2021 imported from Russia 1.603 tons of products of direct reduction of iron ore to code 7203 – hot briquetted iron (HBI), which is a substitute for pig iron and scrap, worth $ 653 thousand, while in 2020 – 2.648 tons to $ 805 thousand. In this case, the export of products to India was 288 tons to $91 thousand.
