12
Aug
12:41
Ukraine continues to reduce scrap purchases amid war
Ukrainian mills reduced procurement of ferrous scrap in January-July, according to the Ukrainian association of secondary metals, UAVtormet.
The volume purchased decreased by 64.1% on-year to 756,800 tonnes, Kallanish notes. The supply of scrap to Ukrainian enterprises also fell by 64% to 685,600t. The reserves of scrap at steel enterprises are meanwhile estimated at less than 40,000t.
Seven-month exports of ferrous scrap amounted to 35,200t, while in Januar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous