Ukraine's scrap exports fall 25% as export duty rises

摘要

Ukrainian ferrous scrap exports fell 25% year on year in 2018 on the back of a higherexport duties and sanctions imposed by its chief buyer in Moldova, according to Kiev-basedanalysts Ukrainian Industry Expertise.Ukraine has increased the export duty on ferrous scrap over recent years in order toprotect domestic steelmakers. The most recent increase, to Eur56/mt ($73.25/mt),became effective on April 5.