scrap export - Latest news GMK Center

Shipments of raw materials increased by 59.3% y/y since the beginning of the year

The association's president criticized ways to simplify the export of raw materials to Transnistria

Ukraine loses around $800-900 in foreign currency revenue for every ton of scrap exported

About 70% of shipments went to Turkey

The previous six-month ban had been in effect since March

The move has been backed by the national steel association

The industry warns of a possible shortage of raw materials amid Trump's tariffs on steel and aluminum

The Ministry of Economy proposes to license scrap exports with a zero quota for 2025

Introduction of scrap exports restrictions becomes a new trend

38% of them introduced partial or full ban

Restricting the supply of these raw materials abroad would help Ukrainian steelmakers