Business news from Ukraine

Ukraine increased exports of scrap metal by 63%

In January-February this year, Ukrainian companies increased exports of ferrous scrap by 62.6% year-on-year to 40,354 thousand tons from 24,822 thousand tons.

According to statistics released by the State Customs Service (SCS) on Wednesday, exports of scrap metal increased 2.15 times in monetary terms to $12.903 million from $7.104 million.

Scrap metal exports in January-February were carried out to Poland (95.50%), Germany (4.39%) and Lithuania (0.09%).

In February, 23,194 thousand tons of scrap metal were exported (17,160 thousand tons in January) for $7.825 million ($5.078 million in January).

In the first two months of the year, the country imported 191 thousand tons of scrap metal for $68 thousand. Imports were carried out from Slovakia (77.94% in monetary terms), Poland (16.18%) and Moldova (5.88%), while in January-February 2023, 45 thousand tons were imported for $16 thousand.

As reported, in 2023, the scrap collecting enterprise of Ukraine increased the export of scrap metal from the country by 3.4 times compared to the previous year – up to 182,485 thousand tons from 53,557 thousand tons. In monetary terms, exports increased 2.74 times to $52.723 million from $19.271 million.

Earlier, Ukrmetallurgprom President Oleksandr Kalenkov stated in an op-ed on the Interfax-Ukraine website that scrap metal is exported through the European Union, which has a preferential export duty of EUR3 per ton, and from there the raw materials are redirected to real customers. He noted that exporting raw materials directly to customers would cost EUR180 in export duties, and the Ukrainian budget has already lost UAH 350 million.

The head of Ukrmetallurgprom called for a temporary ban on the export of ferrous scrap to provide steelmakers with strategically important raw materials in the ongoing war. He also clarified that a ton of scrap metal processed into steel brings in 10 times more to the budget than the EU export duty, which is about $300 per ton.

In 2022, Ukraine reduced exports of ferrous scrap by 11.5 times compared to the previous year, to 53,557 thousand tons, and in monetary terms, it decreased by 12.4 times, to $19.271 million.

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Ukraine increased exports of scrap metal almost 4 times in 11 months

In January-November of this year, Ukrainian companies increased exports of ferrous scrap by 3.84 times compared to the same period last year, to 161,025 thousand tons, including 14,098 thousand tons of strategic raw materials exported in November.

According to the statistics released by the State Customs Service (SCS), in monetary terms, scrap metal exports amounted to $46.406 million in the period under review (up 2.93 times).

At the same time, the export of scrap metal has been growing since March: in January, about 8.28 thousand tons of scrap were exported, in February – 16.5 thousand tons, in March – 15.45 thousand tons, in April – about 16.19 thousand tons, in May – 21.5 thousand tons. tons, in May – 21.003 thousand tons, in June – 14.6 thousand tons, in July – 9.567 thousand tons, in August – 15.849 thousand tons, in September – 13.7 thousand tons, in October – 15.796 thousand tons, in November – 14.1 thousand tons.

Scrap metal was formally exported to Poland (85.87%), Greece (8.07%) and Bulgaria (2.35%).

In the first two months of the year, the country did not import scrap metal; in March-November, it imported 987 tons of scrap worth $383 thousand (48.04% from Slovakia, 22.45% from Poland, 7.31% from Estonia).

Earlier, Ukrmetallurgprom President Oleksandr Kalenkov stated in a column on the Interfax-Ukraine website that scrap metal is exported through the European Union, which has a preferential export duty of EUR3 per ton, and from there the raw materials are redirected to real customers. He pointed out that exporting raw materials directly to customers would cost EUR180 in export duty, and the Ukrainian budget has already lost UAH 350 million.

According to him, the State Bureau of Investigation has already taken an interest in such export schemes.

The head of Ukrmetallurgprom called for a temporary ban on the export of ferrous scrap to provide steelmakers with strategically important raw materials in the ongoing war. He also clarified that a ton of scrap metal processed into steel brings in 10 times more to the budget than the EU export duty, which is about $300 per ton.

As reported, in 2022, Ukraine reduced exports of ferrous scrap by 11.5 times compared to the previous year to 53,557 thousand tons, while in monetary terms it decreased by 12.4 times to $19.271 million. At the same time, last year the country reduced imports of scrap metal in physical terms by 12.6 times to 1,824 thousand tons. tons, compared to the previous year – to $19.271 million tons, in monetary terms by 12.9 times – to $3.488 million. Imports of scrap metal in 2022 were mainly from Turkey (78.92% of supplies in monetary terms), the Russian Federation (13.25%) and Cyprus (5.08%); exports – to Turkey (38.97%), Poland (34.25%) and Greece (10.12%).

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Ukraine increased exports of scrap metal almost 4 times in 10 months

In January-October of this year, Ukrainian enterprises increased exports of ferrous scrap by 3.89 times compared to the same period last year, up to 146.927 thousand tons.

According to the statistics released by the State Customs Service (SCS), in monetary terms, exports of scrap metal amounted to $42.088 million in the period under review (up 2.9 times).

At the same time, the export of scrap metal has been growing since March: in January, about 8.28 thousand tons of scrap were exported, in February – 16.5 thousand tons, in March – 15.45 thousand tons, in April – about 16 thousand tons. tons, in April – about 16.19 thousand tons, in May – 21.003 thousand tons, in June – 14.6 thousand tons, in July – 9.567 thousand tons, in August – 15.849 thousand tons, in September – 13.7 thousand tons, in October – 15.796 thousand tons.

Scrap metal was exported to Poland (87.39%), Greece (6.42%) and Bulgaria (2.59%).

In the first two months of the year, the country did not import scrap metal; in March-October, it imported 898 tons of scrap worth $333 thousand (51.95% from Slovakia, 22.82% from Poland, 8.41% from Estonia).

Earlier, Ukrmetallurgprom President Oleksandr Kalenkov stated in an article on the Interfax-Ukraine website that scrap metal is exported through the European Union, which has a preferential export duty of EUR3 per ton, and from there the raw materials are redirected to real customers. Exporting raw materials directly to customers would cost EUR180 in export duty, and the Ukrainian budget has already lost UAH 350 million.

According to him, the State Bureau of Investigation has already taken an interest in such export schemes.

The head of Ukrmetallurgprom called for a temporary ban on the export of ferrous scrap to provide steelmakers with strategically important raw materials in the ongoing war.

“If the scrap metal remains in the country, more than 500,000 people will be employed and the country will receive millions in foreign exchange earnings from steel exports. At the same time, the military will also benefit, as steelmakers do a lot to help the military by purchasing equipment and vehicles for them and even producing bulletproof vests. No one benefits from scrap exports. That is why the government should be proactive and temporarily ban exports until the situation stabilizes and ceases to threaten national economic security,” Kalenkov said.

He clarified that a ton of scrap metal processed into steel brings in 10 times more to the budget than the EU export duty, which is about $300 per ton.

As reported, in 2022, Ukraine reduced exports of ferrous scrap by 11.5 times compared to the previous year to 53,557 thousand tons, while in monetary terms it decreased by 12.4 times to $19.271 million. At the same time, last year the country reduced imports of scrap metal in physical terms by 12.6 times to 1,824 thousand tons. tons, compared to the previous year – to $19.271 million tons, in monetary terms by 12.9 times – to $3.488 million. Imports of scrap metal in 2022 were mainly from Turkey (78.92% of supplies in monetary terms), the Russian Federation (13.25%) and Cyprus (5.08%); exports – to Turkey (38.97%), Poland (34.25%) and Greece (10.12%).

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Ukraine increased exports of scrap metal by 3.7 times

In January-September of this year, Ukrainian enterprises increased exports of ferrous scrap by 3.7 times compared to the same period last year, up to 131.131 thousand tons.

According to the statistics released by the State Customs Service (SCS), in monetary terms, exports of scrap metal amounted to $37.749 million in the period under review (a threefold increase).

At the same time, the export of scrap metal has been growing since March: in January, about 8.28 thousand tons of scrap were exported, in February – 16.5 thousand tons, in March – 15.45 thousand tons, in April – about 16.19 thousand tons, in May – 21.003 thousand tons, in June – 14.6 thousand tons, in July – 9.567 thousand tons, in August – 15.849 thousand tons, and in September – 13.7 thousand tons.

Scrap metal was exported to Poland (86.62%), Greece (7.16%) and Bulgaria (2.88%).

In the first two months of the year, the country did not import scrap metal; in March-September, it imported 793 tons of scrap worth $301 thousand (52.16% from Slovakia, 22.26% from Poland, 9.3% from Estonia).

Earlier, Ukrmetallurgprom President Oleksandr Kalenkov stated in an article on the Interfax-Ukraine website that scrap metal is exported through the European Union, which has a preferential export duty of EUR3 per ton, and from there the raw materials are redirected to real customers. Exporting raw materials directly to customers would cost EUR180 in export duty, and the Ukrainian budget has already lost UAH 350 million.

According to him, the State Bureau of Investigation has already taken an interest in such export schemes.

The head of Ukrmetallurgprom called for a temporary ban on the export of ferrous scrap to provide steelmakers with strategically important raw materials in the ongoing war.

“If the scrap metal remains in the country, more than 500,000 people will be employed and the country will receive millions in foreign exchange earnings from steel exports. At the same time, the military will also benefit, as steelmakers do a lot to help the military by purchasing equipment and vehicles for them and even producing bulletproof vests. No one benefits from scrap exports. That is why the government should be proactive and temporarily ban exports until the situation stabilizes and ceases to threaten national economic security,” Kalenkov said.

He clarified that a ton of scrap metal processed into steel brings in 10 times more to the budget than the EU export duty, which is about $300 per ton.

As reported, in 2022, Ukraine reduced exports of ferrous scrap by 11.5 times compared to the previous year to 53,557 thousand tons, while in monetary terms it decreased by 12.4 times to $19.271 million. At the same time, last year the country reduced imports of scrap metal in physical terms by 12.6 times to 1,824 thousand tons. tons, compared to the previous year – to $19.271 million tons, in monetary terms by 12.9 times – to $3.488 million. Imports of scrap metal in 2022 were mainly from Turkey (78.92% of supplies in monetary terms), the Russian Federation (13.25%) and Cyprus (5.08%); exports – to Turkey (38.97%), Poland (34.25%) and Greece (10.12%).

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Ukraine increased exports of scrap metal almost 4 times in 8 months

In January-August this year, Ukrainian enterprises increased exports of ferrous scrap by 3.9 times compared to the same period last year, up to 117,464 thousand tons.

According to the statistics released by the State Customs Service (SCS), in monetary terms, exports of scrap metal amounted to $34.127 million in the period under review (up 2.7 times).

At the same time, the export of scrap metal has been growing since March: in January, about 8.28 thousand tons of scrap were exported, in February – 16.5 thousand tons, in March – 15.45 thousand tons, in April – about 16.19 thousand tons, in May – 21.003 thousand tons, in June – 14.6 thousand tons, in July – 9.567 thousand tons, in August – 15.849 thousand tons.

Scrap metal was exported to Poland (86.20%), Greece (7.91%) and Bulgaria (3.19%).

In the first two months of the year, the country did not import scrap metal; in March-August, it imported 681 tons of scrap worth $261 thousand (49.43% from Slovakia, 21.07% from Poland, 10.73% from Estonia).

Earlier, Ukrmetallurgprom President Oleksandr Kalenkov stated in a column on the Interfax-Ukraine website that scrap metal is exported through the European Union, which has a preferential export duty of EUR3 per ton, and from there the raw materials are redirected to real customers. Exporting raw materials directly to customers would cost EUR180 in export duty, and the Ukrainian budget has already lost UAH 350 million.

According to him, the State Bureau of Investigation has already taken an interest in such export schemes.

The head of Ukrmetallurgprom called for a temporary ban on the export of ferrous scrap to provide steelmakers with strategically important raw materials in the ongoing war.

“If the scrap metal remains in the country, more than 500,000 people will be employed and the country will receive millions in foreign exchange earnings from steel exports. At the same time, the military will also benefit, as steelmakers do a lot to help the military by purchasing equipment and vehicles for them and even producing bulletproof vests. No one benefits from scrap exports. That is why the government should be proactive and temporarily ban exports until the situation stabilizes and ceases to threaten national economic security,” Kalenkov said.

He clarified that a ton of scrap metal processed into steel brings in 10 times more to the budget than the EU export duty, which is about $300 per ton.

As reported, in 2022, Ukraine reduced exports of ferrous scrap by 11.5 times compared to the previous year to 53,557 thousand tons, while in monetary terms it decreased by 12.4 times to $19.271 million. At the same time, last year the country reduced imports of scrap metal in physical terms by 12.6 times to 1,824 thousand tons. tons, compared to the previous year – to $19.271 million tons, in monetary terms by 12.9 times – to $3.488 million. Imports of scrap metal in 2022 were mainly from Turkey (78.92% of supplies in monetary terms), the Russian Federation (13.25%) and Cyprus (5.08%); exports – to Turkey (38.97%), Poland (34.25%) and Greece (10.12%).

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Ukraine has increased exports of scrap metal 3.5 times

Ukrainian enterprises in January-July this year increased exports of ferrous scrap metal 3.5 times compared to the same period last year – up to 101.615 thousand tons.

According to statistics released by the State Customs Service (SCS) on Monday, in monetary terms, scrap metal exports for the period amounted to $29.807 million (an increase of 2.4 times).

At the same time, the growth of scrap metal exports was recorded since March: if in January about 8.28 thousand tons of scrap metal was exported, in February – 16.5 thousand tons, in March – 15.45 thousand tons, in April – about 16.19 thousand tons, in May – 21.003 thousand tons, in June – 14.6 thousand tons, but in July it decreased to 9.567 thousand tons.

Scrap metal exports in January-July-2023 were to Poland (87.70%), Greece (5.80%) and Bulgaria (3.65%).

In the first two months of the year the country did not import scrap metal, in March-July imported 573 tons of scrap for $222 thousand (45.05% from Slovakia, 21.62% from Poland, 12.61% from Estonia).

Earlier, the president of Ukrmetallurgprom, Oleksandr Kalenkov, stated in his column on the Interfax-Ukraine website that scrap metal is exported through the European Union, where there is a preferential export duty of EUR3 per ton, and from there the raw material is redirected to real customers. To export the raw materials to the clients at once would cost EUR180 export duties – and the Ukrainian budget has already lost UAH 350 mln on this.

According to him, the State Bureau of Investigation is already interested in such export schemes.

The head of Ukrmetallurgprom called for a temporary ban on the export of ferrous scrap to provide metal companies with strategically important raw materials amid the ongoing war.

“If scrap metal remains in the country – more than 500 thousand people will have jobs, and the country will have millions of foreign exchange earnings from steel exports. At the same time, the military will also benefit, because metallurgists help the fighters a lot, buying equipment and cars for them, and even producing body armor. No one will benefit from the export of scrap metal. Therefore, the authorities should act proactively and temporarily ban exports until the situation stabilizes and ceases to threaten national economic security,” said Kalenkov.

He specified that a ton of scrap metal processed into steel gives 10 times more to the budget than the export duty to the EU – about $300 per ton.

As reported, Ukraine in 2022 reduced exports of ferrous scrap in 11.5 times compared to the previous year – to 53.557 thousand tons, in money terms decreased by 12.4 times – to $19.271 million. At the same time, last year the country reduced imports of scrap metal in physical terms in 12.6 times – to 1.824 thousand. Imports of scrap metal in 2022 were mainly from Turkey (78.92% of supplies in monetary terms), Russia (13.25%) and Cyprus (5.08%); exports – to Turkey (38.97%), Poland (34.25%) and Greece (10.12%).

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