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Scrap metal procurement in Ukraine increased by 30.3%

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Rising purchase prices in the domestic and foreign markets pushed scrap collectors to increase the collection and supply of scrap metal.

Scrap metal procurement in Ukraine increased by 30.3%

During 4 months of 2021, the volume of scrap procurement in Ukraine increased by 30.3% (about 1 million 240 thousand tons of ferrous scrap were procured).

According to experts of the association of enterprises UAVtormet , such a trend due to the high purchase prices of metallurgical enterprises, which were observed on the Ukrainian and world markets during March-April of this year.

Supplies of scrap metal to Ukrainian metallurgical plants in January-April 2021 increased by 22.3% compared to the same period of the previous year (up to 1 million 102.7 thousand tons). At the same time, the technological stocks of scrap metal at the enterprises are estimated at no less than 150.0-160.0 thousand tons.

Exports of scrap metal in January-April 2021 amounted to 87.0 thousand tons (a significant increase in supplies compared to the same period last year, when only 11.6 thousand tons were exported).

Imports of scrap metal in the same period amounted to 7.8 thousand tons, which is significantly higher than last year's figure, when 5.8 thousand tons of scrap metal were imported.

МЕТАЛЛУРГПРОМ
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