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Ukraine reduced the export of scrap metal by eight times

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In January - June 2022, 28.74 thousand tons of scrap metal were exported from Ukraine.

Ukraine reduced the export of scrap metal by eight times

The export of scrap metal from Ukraine in the first half of 2022 decreased eight times year-on-year and amounted to 28.74 thousand tons, according to statistics released by the State Customs Service of Ukraine (SCSU) on Thursday.

In monetary terms, the export of scrap metal from Ukraine in January - June decreased by 6.8 times - to $12.24 million.

Import of scrap metal for the reporting period amounted to 1.55 thousand tons, which is also eight times less than in the first half of last year.

In monetary terms, the import of scrap to Ukraine decreased by 6.8 times - to $3.28 million.

In January-June 2022, metallurgical enterprises of Ukraine did not import hot briquetted iron (HBI), which is a substitute for pig iron and scrap metal, but exported 258 tons of this product to India (100%) in the amount of 48 thousand dollars.

As reported, Ukraine in 2021 increased the export of scrap metal by 17.2 times compared to the previous year - up to 615.69 thousand tons. In monetary terms, the export of scrap metal increased by 25.2 times - up to 238.90 million dollars.

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