17
May
14:46
Ukraine continues to reduce scrap purchases amid war
Ukrainian mills reduced procurement of ferrous scrap in January-April, according to the Ukrainian association of secondary metals, UAVtormet.
The volume purchased decreased by 50.4% on-year to 620,100 tonnes, Kallanish notes. The supply of scrap to Ukrainian enterprises also fell by 47.1% to 583,500t. The reserves of scrap at steel enterprises are meanwhile estimated at less than 60,000t.
Exports of ferrous scrap in the first four months of the year amounted…
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Anonymous
Very good overview of the weekly steel market.
Anonymous