Factories increased purchase prices for 300 UAH. against the background of a rapid decline in stocks and the need to stimulate scrap logging. At the moment, the average market purchase price of plants is 6800 UAH / ton.
Supplies to the metal plants.
Seasonal improvement of scrap conditions and rising purchase prices in the domestic market stimulate the flow of scrap to the factories. Last week, total shipments amounted to 50 thousand tons, which is 4 thousand tons or 9% more than a week earlier.
Remains in the ports of Ukraine.
Scrap stocks in the ports of Ukraine currently amount to 6.3 thousand tons.
Dynamics of steelmaking.
Steel production increased to 429 thousand tons, which is 6 thousand tons more than a week earlier.
The balance of scrap at the plants.
The level of satisfaction of the needs of metallurgical plants in imported scrap amounted to 80%. Scrap deficiency persists, forcing factories to continue to consume stocks.
Stocks of scrap at iron and steel works.
Remains of scrap in the warehouses of factories fell to 58 thousand tons. The indicator of stocks in the days of work was 6 days, which is two times lower than the standard level. In such conditions, the plants will be kept from declining stocks.
Forecast domestic price for scrap.
After the price increase in the domestic market, the plants will take a pause to assess the effect of such actions. In April, prices will go down due to weaker rental demand and falling export quotes. The forecast average price next week is 6500 UAH / ton.
