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Report: scrap collection in Ukraine decreased by 25.2% during the first half of 2023

Report: scrap collection in Ukraine decreased by 25.2% during the first half of 2023

In June 2023, the scrap collection volume in Ukraine increased by 11.6% compared to May 2023 and raised by 2.06 times compared to June 2022, reaching 86.7 thousand tonnes. This is according to the report of the Ukrainian Association of Mineral Minerals (UAVtormet).

Scrap exports in June 2023 amounted to about 14.5 thousand tonnes, which is 31.3% less compared to May 2023, while it increased by 4.1 times compared to June 2022.

Scrap supply to Ukrainian steel companies increased by 28.7% in June 2023 compared to the previous month and 76% compared to June 2022 – reaching 68.1 thousand tonnes.

From January to June 2023, scrap collection decreased by 25.2% compared to the same period in 2022, reaching 531 thousand tonnes. Raw materials exports for the period reached 92 thousand tonnes or 3.2 times year-on-year, and imports declined by -68.8% yearly to reach 500 tonnes.

Scrap supply to Ukrainian steel mills in January-June 2023 decreased by 37.2% year-on-year to reach 413.8 thousand tonnes.

The scrap technology stocks in steel mills are estimated at 15-20 thousand tonnes as of July 1, 2023. The steelmakers’ estimated technology needs in ferrous metal scrap have been fully met, an increase of 12.5%.

The Ukrainian Association of Secondary Metallurgy UAVtormet predicts that scrap collection in Ukraine in 2023 will be from 1.2 to 1.25 million tonnes, and the domestic supply of raw materials for steel plants will be at 950 thousand to 1 million tonnes.

During the first half of 2023, the scrap collection volume in Ukraine kept declining, with about 531.0 thousand tonnes of ferrous scrap collected. This trend is due to the collection crisis in Ukraine, the material surplus in the market and other factors.

Scrap metal volume in Ukraine in 2022 decreased by 75.9% compared to 2021 to reach 996.7 thousand tonnes.

Raw material exports decreased by 11.4 times year-on-year to reach 53.6 thousand tonnes. Imports declined by 92.1% year-on-year to reach 1.8 thousand tonnes, and raw materials domestic supply to local steel mills decreased by 73% to 895.7 thousand tonnes.


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