Ukrainian companies in January this year reduced the export of scrap ferrous metals in monetary terms, according to operational data, by 56.48% compared to the same period last year - to $2.61 million.

According to preliminary summary statistics, released by the State Customs Service (SCS), in December 2021, exports of scrap metal in monetary terms amounted to $26.98 million. In January, the country reduced the imports of scrap metal in monetary terms by 98.4% - to $53.28 thousand, December was imported scrap for $3.96 million. As reported, Ukraine has increased exports of scrap ferrous metals in 2021 by 17.2 times compared to the previous year - up to 615.687 thousand tons, including 68.166 thousand tons of scrap in December (35.824 thousand tons exported in 2020). In monetary terms, exports of scrap metal increased 25.2 times to $238.895 million. In 2021, the country reduced the import of scrap metal in kind by 13.1% - to 22.964 thousand tons. In monetary terms, the import of scrap rose by 72.4% to $44.883 million. Imports of scrap in 2021 were mainly from Turkey (60.42% of supplies in monetary terms), Russia (33.44%) and Belarus (1.57%); exports - to Turkey (84.85%), Romania (6.66%) and Poland (3.45%).

Source: http://www.fixygen.ua/news/20220202/ukrainskie-predpriyatiya.html