Recent Posts
- Ukraine recovery should be based on development of territorial communities, innovations, involvement of professional domestic community – results of ESUR forum 29.06.2023
- Ukraine repatriates five more seriously wounded Russian POWs 10.04.2023
- Rada intends to include history of Ukraine, foreign language in final certification for general secondary education 10.04.2023
- Rada terminates protocol on joint anti-terrorist measures in CIS territories for Ukraine 10.04.2023
- 100 Ukrainians, incl defenders of Mariupol, returned according to swap procedure – Yermak 10.04.2023
Ukraine increases scrap metal exports by 15.6 times in kind, by 24.5 times in money terms in Jan-Oct
KYIV. Nov 10 (Interfax-Ukraine) – Ukrainian enterprises in January-October this year increased exports of ferrous metal scrap by 15.6 times compared to the same period last year, to 503,496 tonnes, including 48,098 tonnes of scrap exported in October.
According to statistics released by the State Customs Service, in monetary terms, exports of scrap metal increased 24.5 times, to $195.742 million.
At the same time, in January-October of this year, the country increased imports of scrap metal in quantity terms by 30%, to 19,761 tonnes. In monetary terms, imports of scrap increased 2.2 times, to $37.444 million.
In January-October of this year, scrap metal was mainly imported from Turkey (61.4% of supplies in monetary terms), the Russian Federation (31.96%) and Poland (1.77%); and exported – to Turkey (83.87%), Romania (8.13%) and Poland (3.83%).
In addition, Ukrainian metal companies in January-October 2021 imported 1,603 tonnes of ferrous products obtained by direct reduction of iron ore (HS code 7203) – hot briquetted iron (HBI), which is a substitute for pig iron and scrap metal. HBI for $653,000 was imported from Russia. In January-October 2020, 1,602 tonnes for $481,000 were imported.