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12 Jan
14:16

Ukraine to procure less scrap in 2021: association

Steel plants in Ukraine will procure less ferrous scrap this year compared to 2020 due to higher prices and global demand, according to the Ukrainian association of secondary metals, UAVtormet. Supply of scrap to metallurgists this year will decrease by -3-4.8% on-year to 2.75-2.8 million tonnes, Kallanish notes. The association also forecasts that scrap exports from Ukraine will grow by 67-123% on-year in 2021 to 60,000-80,000 tonnes and imports will increa…
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