14/08/2026
Ukraine Faces Scrap Surplus as Industry Pushes to Reopen Exports
♻️ Ukraine's scrap industry is calling for the government to cancel the zero export quota on ferrous scrap, citing a major change in domestic market conditions.
🏭 Ukrainian steelmakers have significantly reduced scrap purchasing, while Interpipe Dniprovtormet and Metinvest Resource have suspended purchases completely.
📦 According to UAVtormet, weaker demand has resulted in a persistent domestic scrap surplus, with inventories accumulating under the export restriction.
📉 The association says the situation is hurting scrap collection companies through lower collection volumes, site closures and job losses, while also reducing tax revenues and foreign currency inflows.
⚖️ UAVtormet is now asking the government to remove the zero quota covering ferrous scrap under customs code 7204, warning that prolonged restrictions could weaken collection capacity needed for a future steel industry recovery.
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