To avoid a shortage of scrap metal in the domestic market, Ukraine increased its export duty. How has Ukraine traded scrap metal in the last six years? According to analysts, in 2019 Ukraine exported 42,180 tons of scrap for $11.8M. In 2020, exports decreased by 15.1%, in monetary terms, to $9.5M. But in pre-war 2021, ferrous scrap exports increased ... #Germany #Poland #ScrapExport #Turkey #UkraineEconomy #UkraineExport #UkraineScrapMetal
Procurement of scrap metal, a major commodity in post-Soviet economies, is up 43% yoy, to 2.35 million tons, reports the Ukrainian Association of Secondary Metals, or UAVtormet. Exports, largely to Turkey, are up 19.5 times yoy, to 334,600 tons. Supplies to Ukraine’s steel mills increas... #ScrapMetalFromUkraine #UkraineScrapMetal