Ukraine’s scrap exports fell by 95.6% in March

According to the customs statistics, Ukraine’s scrap exports fell by 95.6% to $100 thousand in March against March 2019.

Scrap exports dropped by 84.2% in physical terms, to 493 tons.

In Q1 2020, scrap exports decreased by 46.1% to $2.9 million compared to the same period of the previous year. In physical terms, exports dropped by 42.1% to 11.4 thousand tons.

Turkey still remains the main importer of Ukrainian scrap, with its share of 77.25%.

In 2019, scrap exports from Ukraine dropped by 7.8 times to 42.2 thousand tons. In monetary terms, they declined by 9 times to $11.8 million. The reason is an increase in export duty in early 2019.

As reported earlier, iron and steel works were supplied with scrap by 119.1% in March. In March, 283.4 thousand tons of scrap were delivered to steel producers with an estimated demand of 238 thousand tons. In late March, raw material stocks of steel producers amounted to 80–82 thousand tons.

  • Global Market

India considers increasing protective duty on steel imports to 24%

The Indian government is assessing the possibility of raising the safeguard duty on steel to…

Tuesday June 3, 2025
  • Global Market

Iron ore prices fell by 2% last week

Last week, from May 24 to 31, 2025, global iron ore prices showed a downward…

Tuesday June 3, 2025
  • Industry

Cargo owners have identified key problems when working with Ukrainian Railways

The biggest problems of cargo owners during rail transportation are the inflexibility of pricing by…

Tuesday June 3, 2025
  • Global Market

EU may speed up tariffs in response to US duties

The European Union is preparing for another round of trade talks with the United States.…

Tuesday June 3, 2025
  • State

Hetmantsev advocates currency liberalization of the National Bank

Currency restrictions imposed by the National Bank of Ukraine (NBU) should be gradually adapted to…

Tuesday June 3, 2025
  • Global Market

Eurozone inflation slowed to 1.9% in May

Inflation in the euro area in May 2025 increased by 1.9% compared to the same…

Tuesday June 3, 2025