Ukrzaliznytsia plans to sell over 30 thousand tons of scrap metal for 187 million hryvnia

In June, Ukrzaliznytsia plans to sell 30.3 thousand tons of ferrous scrap and receive at least UAH 187.5 million of income from its sale. In the electronic trading system Prozorro. Sales on June 15, the corresponding auctions have already been announced. This was announced by the acting. Ivan Yurik, Chairman of the Board of JSC "Ukrzaliznytsia".

“We continue to provide additional liquidity to the company, in particular, through the sale of scrap metal. Now we are actively organizing open electronic auctions. We invite interested buyers to public competitive bidding, ”said the head of Ukrzaliznytsia.

The auctions are scheduled for June 25, bidders can submit quotations until 20:00 on June 24.

As earlier, on June 7, 2021, Ukrzaliznytsia announced open auctions for the sale of almost 2 thousand tons of non-ferrous metal and alloy scrap. The company intends to receive about UAH 145 million of additional income from its sale.

According to UkrMet, at the beginning of June stocks of scrap metal in the warehouses of Ukrainian steel plants amounted to about 300 thousand tons, which is 3 times higher than the standard value. World scrap prices are above $ 500 (UAH 13,500) per ton. In an attempt to slightly reduce the difference between world and domestic prices, Ukrainian scrap consumers in the second half of May raised purchase prices to UAH 8,000 per ton.