Last week, factories refrained from lower prices. At the moment, the average market purchase price of the plants is 7669 UAH / ton.
Deliveries. Scrap supplies to metallurgical plants increased to 61 thousand tons, which is 15% more than a week earlier. Deliveries to Electrostal fell to a minimum and amounted to 1.5 thousand tons.
Remains in ports. Scrap stocks in the ports of Ukraine increased to 6.9 thousand tons.
Dynamics of steelmaking. Steel production has increased minimally and amounted to 430 thousand tons
The balance of scrap at the plants. The level of satisfaction of the needs of metallurgical plants in imported scrap amounted to 101%.
Stocks of scrap at iron and steel works. Stocks decreased to 172 thousand tons. The indicator of stocks in days of work is 20 days, which is significantly higher than the standard value.
Forecast domestic and export prices for scrap.
Given the high stocks and lower prices for metal, scrap quotes on the domestic market will continue to decline. The forecast average price for the next week is 7669 UAH / ton.
Significant supply in the Turkish market, as well as the completion of the replenishment of stocks by large importers, will cause a decrease in export prices for steel raw materials in the coming weeks. The forecasted price range for scrap next week is $ 325- $ 340 / t cif.
The review was prepared on the basis of the data of the state enterprise “Ukrpromvneshnekspertiza”
