According to the Ukrainian Association of Secondary Metals, in 2010 Ukraine is expected to process around 6.65 million tonnes of scrap which is 12.8% or 750,000 tonnes more than in 2008, though it is about 1 million tonnes lower as compared to 2007.
During the current year, scrap deliveries to Ukrainian steel producers are expected to amount to about 6 million tonnes up by 20.5%YoY while Ukraine scrap exports are to exceed 600,000 tonnes down from 890,000 tonnes exported in 2009.
According to UAVtormet, these figures show that the volumes of scrap processed in the Ukraine changed according to the level of steel production in the country. Meanwhile, Ukraine annual scrap exports in recent years were in the range of 600,000 tonnes to 900,000 tonnes, whereas in 2000 the country exports of scrap amounted to only about 5 million tonnes. The low level of current exports of scrap is largely due to the fact that the domestic market has improved its consumption.
Read the story here
