Plants again held a decline in prices due to the fall in the cost of rental and high supply in the domestic market. At the moment, the average market purchase price of plants is 6650 UAH / ton.
Supplies to the metal plants.
Last week, total shipments rose to 75 thousand tons, which is 5 thousand tons or 6% less than a week earlier. Traders and collectors are in a hurry to unload the warehouses on the eve of the next drop in purchase prices in the domestic market.
Remains in the ports of Ukraine.
Scrap stocks in the ports of Ukraine have slightly increased and currently amount to 6.3 thousand tons.
Dynamics of steel production.
Steel production fell to 452 thousand tons, which is 23 thousand tons or 5% less than a week earlier.
Stocks of scrap at iron and steel works.
Remains of scrap in the warehouses of factories increased to 100 thousand tons. The indicator of stocks in the days of work was 11 days, which actually corresponds to the standard value.
Forecast domestic prices for scrap.
In the coming weeks, the procurement prices in the domestic market will continue to decline due to weaker demand for rolled steel and a drop in export quotations. The forecast average price next week is 6650 UAH / ton.
Information according to the state enterprise "Ukrpromvneshnekspertiza".
