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Ukraine: ferrous scrap procurement to drop

Time:Fri, 28 Jan 2022 08:38:35 +0800

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The Ukrainian Association of Secondary Metals (UAVtormet) forecasts that this year ferrous scrap procurement will decrease following a growth in 2021.

Average procurement is estimated at 3 million tons, down by 27.5%.

Scrap deliveries to metal companies will amount to 2.8 million tons, down by 15.7%, while export will drop from 615.7 thousand tons to 10-20 thousand tons.

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