Scrap metal collection in Ukraine for January-September 2022 decreased to 830 thousand tons

The volume of scrap collection in Ukraine for January-September 2022 decreased by 73.5% compared to the same period of 2021 – to 830 thousand tons. Ukrainian Association of Secondary Metals (UAVtormet) reports about it on its Telegram channel.

The export of scrap metal for 9 months of 2022 amounted to 35.2 thousand tons, while in January-September 2021, 455.5 thousand tons of scrap was exported. The import of scrap metal in January-September 2022 fell to 1.6 thousand tons compared to 17.2 thousand tons in the same period of 2021.

The association also notes a decrease in scrap supplies to Ukrainian enterprises in January-September 2022 – by 70.1%, to 755,500 tons. Technological scrap stocks at steel enterprises are estimated at 35-40 thousand tons as of October 1, 2022 year.

UAVtormet predicts that the collection of scrap metal in Ukraine in 2022 will amount to 930-960 thousand tons. Domestic supplies of scrap to steel processing plants will amount to 850-900 thousand tons. At the same time, in the pre-war period, the association expected that the collection of scrap metal in 2022 would be at the level of 3 million tons, and supplies to industrial enterprises will reach 2.85 million tons.

As GMK Center reported earlier, Volodymyr Bublei, president of the UAVtormet association, said that in 2022 needs for scrap metal of Ukrainian steel enterprises can reach 3.5 million tons for the production of 21.5 million tons of steel. The export of scrap metal from Ukraine this year could amount to 100,000 tons. Such a forecast was made public in the pre-war period.

In 2021, scrap collection in Ukraine increased by 34.6% y/y – up to 4.1 million tons, scrap metal supplies to steel enterprises increased by 15% y/y – up to 3.3 million tons. Export of scrap metal from Ukraine in 2021 increased 17 times y/y – up to 615.7 thousand tons.