Metallurgists were forced to start increasing purchase prices due to the need to stimulate a scrap flow to their address. At the moment, the average market purchase price of plants is 5529 UAH / ton.
Supplies to the metal plants.
Procurement in the regions of Ukraine continues to stagnate, which negatively affects the supply of scrap. Over the last week, total shipments amounted to 49 thousand tons, which is 20 thousand tons or 30% less than a week earlier.
Remains in the ports of Ukraine.
Scrap stocks in the ports of Ukraine have slightly increased and currently amount to 4 thousand tons
Dynamics of steel production.
Steel production decreased by 4 thousand tons or 1% to 355 thousand tons. Elektrostal actively restores production after downtime.
Stocks of scrap at iron and steel works.
Scrap residues in the warehouses of the factories sank slightly and currently amount to 234 thousand tons. The indicator of stocks in the days of work was 28 days, which is more than twice the standard value. Despite the high supply of scrap plants, the resumption of the fall in purchase prices seems unlikely due to the catastrophically low scrap rates in the regions of the country.
Forecast domestic prices for scrap.
On the domestic market, there are prerequisites for further growth of quotations. Plants will be forced to raise prices to stimulate scrap collection. The forecast average price for this week is 5529 UAH / ton.
Information according to the state enterprise "Ukrpromvneshnekspertiza".
