Last week, the purchase prices of metal enterprises for scrap remained unchanged at the level of UAH5700/mt. The current price is quite satisfactory for buyers.

Last week (October 8 – 15), the price range for HMS 1&2 (80:20) ferrous scrap was USD285-295/mt CIF Turkey. However, in November, the upward price trend will recover again due to improved demand for finished steel products.

The price situation in the domestic scrap metal market has stabilized. The situation in metallurgy is not yet conducive to either a decrease or an increase in prices.

Last week (October 1 - 8), quotations of ferrous scrap n the world market continued to decline - to USD 285-295/mt. Metallurgical enterprises have large warehouse stocks, therefore they have reduced their purchases. Forecast price range for scrap metal this week - USD 280-290/mt. 

Last week (October 1 - October 8), purchase prices for scrap metal did not change and amounted to UAH 5700/mt. The current price is quite suitable for buyers who have large stocks of raw materials in warehouses.