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Purchase prices for scrap metal fell in Ukraine

Ukraine

In the near future, scrap quotes on the domestic market of Ukraine will sag against the backdrop of negative dynamics in the cost of scrap and finished rolled products in foreign markets, as well as the introduction of a duty of 180 euros per ton of scrap metal. The forecast average price for the current week is UAH 9000 per ton.

Purchase prices for scrap metal fell in Ukraine

Last week (December 3-10) metallurgical enterprises of Ukraine reduced purchase prices for scrap metal by 200 hryvnia - to 9050 hryvnia per ton. The prices of scrap collecting companies for grade 3 scrap in the regions were at the level of UAH 7.31-7.36 thousand per ton. The upper border of the price range prevails in the southeastern regions of the country.

Scrap supplies to metallurgical plants (December 2-8) decreased to 59.8 thousand tons. Last week (November 25 - December 1) there were 68.3 thousand tons. The demand for scrap was 58.5 thousand tons. The level of meeting the needs of metallurgical plants for scrap last week amounted to 103.3%.

Remains in ports

Scrap stocks in ports increased to 26.9 thousand tons. Last week it was 24.2 thousand tons.

Smelt Steel

Steel smelting on December 2-8 increased to 404 thousand tons. Last week (November 25 - December 1) there were 401 thousand tons.

Scrap stocks at enterprises

Remains of scrap in the warehouses of metallurgical plants increased to 203 thousand tons. Last week it was 192 thousand tons. Inventories in working days are 25 days, which is 2 times higher than the standard value. The highest reserves as of December 8 were at MMK im. Ilyich - 49 days. The lowest - at Interpipe Steel - 8 days.

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