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Ukrainian scrap exports increased by 54.5% during January-October 2024

In January-October 2024, the Ukrainian scrap industry increased exports of ferrous scrap by 54.5% compared to the same period in 2023, to 226.97 thousand tons. This is evidenced by the data of the State Customs Service.

In October, shipments of raw materials abroad decreased by 0.9% compared to the previous month, but increased by 55.4% compared to October 2023 – up to 24.55 thousand tons. The average monthly volume of scrap exports for the first 10 months of 2024 amounted to 22.7 thousand tons, compared to 14.7 thousand tons in 2023 and 3.8 thousand tons in 2022.

In January-October, the main volume of raw materials was exported to Poland – 198.39 thousand tons. A small part was exported to Greece (22.18 thousand tons) and Germany (5.8 thousand tons).

Revenues from exports of raw materials in October 2024 amounted to $7.16 million tons, which is 6.6% less than in the previous month and 65% more than in the previous year

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