scrap export - Latest news GMK Center

The scrap industry continues to increase the export of raw materials, which are critically important for the stable operation of domestic steel industry

Monthly export volumes are approaching pre-war levels

Monthly export volumes are approaching pre-war levels

The relevant ministry submitted the relevant draft resolution for discussion

Steelmakers warn of raw material shortages amid increased scrap exports and plans to ramp up production

Export of raw materials increased by 25% m/m and is 19.1% of the total collection for the month

Turkey, which is the main consumer of raw materials from Israel, will be under the greatest pressure from the introduction of restrictions

The Australian Institute of Steel indicates that this raw material is a scarce resource

The import of this raw material to the country decreased by 25% y/y in 2023

The ban on the export of raw materials will last another six months

The country has lifted the ban on the export of this raw material, which has been consistently extended since 2020

In particular, three enterprises were identified that evaded payment of UAH 65 million in customs duty