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14 Jul
10:41

Ukraine continues to significantly reduce scrap purchases

Ukrainian mills reduced procurement of ferrous scrap in January-June, according to the Ukrainian association of secondary metals, UAVtormet. The volume purchased decreased by 64.1% on-year to 709,900 tonnes, Kallanish notes. The supply of scrap to Ukrainian enterprises also fell by 60.1% to 659,400t. The reserves of scrap at steel enterprises are meanwhile estimated at less than 60,000t. Exports of ferrous scrap in the first half of the year amounted to 16,7…
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