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Scrap metal collection in Ukraine for 5 months of 2021 increased by 35%

Ukraine

The export of ferrous metal scrap from Ukraine in January-May of this year increased almost tenfold.

Scrap metal collection in Ukraine for 5 months of 2021 increased by 35%

Within 5 months of 2021, the volume of scrap metal procurement in Ukraine increased by 35.1% (about 1.57 million tons of scrap metal were procured).

According to the industry association UAVtormet, this trend is due to the high purchase prices of metallurgical enterprises, which were observed on the Ukrainian and world markets during March-April of this year, as well as activation by exporters.

Scrap metal supplies to Ukrainian metallurgical plants in January-May 2021 increased by 23.6% year-on-year to 1,354.9 thousand tons. Technological stocks of scrap metal at the enterprises are estimated at no less than 140 - 145 thousand tons.

Exports of scrap metal in January-May 2021 amounted to 146.3 thousand tons, demonstrating an almost tenfold increase in supplies compared to the same period last year, when only 16.5 thousand tons were exported.

Import of scrap metal for 5 months of 2021 amounted to 10.4 thousand tons, which is significantly higher than last year's figure, when 6.8 thousand tons of scrap metal were imported.

Previously reported that the Mariupol metallurgical plant Azovstal continues to dismantle blast furnaces No. 5 and No. 6, which were shut down in early June 2019 as part of Metinvest's technological strategy. More than 17.5 thousand tons of scrap metal have already been removed from the facilities.

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