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Ukraine increases scrap procurement by 43.1%, exports by 18 times in kind in Jan-Sept
KYIV. Oct 5 (Interfax-Ukraine) – In January-September of this year, enterprises engaged in operations with ferrous scrap increased the procurement of scrap metal by 43.1% compared to the same period last year, to 3.135 million tonnes.
According to recent data of the Ukrainian Association of Secondary Metals (UAVtormet), the export of scrap metal for the specified period amounted to 455,500 tonnes, which is 18.1 times more compared to the same period in 2020 (some 25,200 tonnes).
At the same time, the import of scrap in January-September amounted to 17,200 tonnes, which is 26.7% more than in January-September 2020 (some 13,600 tonnes).
Over the nine months of 2021, the supply of scrap to country’s metallurgical enterprises increased by 22.7% compared to the same period last year, to 2.530 million tonnes. The level of stocks of scrap metal at metallurgical enterprises as of October 1, 2021 was estimated at 120,000-125,000 tonnes.
