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20 Jan
15:11

Ukraine significantly decreases scrap purchases, exports in 2022

Ukrainian mills significantly reduced procurement of ferrous scrap in 2022, according to the Ukrainian association of secondary metals, UAVtormet. The volume purchased decreased by 76% on-year to 996,700 tonnes, Kallanish notes. Supply of scrap to Ukrainian enterprises also fell, by 73% to 895,700t. Reserves of scrap at steel enterprises are meanwhile estimated at 10,000-15,000t. “This is the lowest figure since the independence of Ukraine, which indic…
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