Ukrainian scrap market

摘要

Taking into account the effective scrap export duty in Ukraine (EUR 58/t) and the prices expected in the global market in the forecast period, Ukrainian scrap exporters are unlikely to resume large-scale shipments. Although scrap supply to steelmakers improved in Q2, the continuing decrease in potential scrap sources is expected to push scrap collection in Ukraine to 3.4-3.5 million tpy in 2019-2020. Excluding mills beyond the state control, this year scrap consumption will rise by 2% to 6 million t according to the forecasts for steel production;;next year it may recover to 6.1 million t.