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Scrap procurement in Ukraine will decrease in 2009

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Minprom quoted Ukrainian Association of recyclable metals reports scrap procurement will decrease in 2009 by 6.3% to 14.1% to 5.5 million tonnes Mr Valentin Kulichenko president of Association said “We can cover domestic demand drop with export increase. I hope that we will be able to provide 5.5 million tonnes to 6 million tonnes of scrap taking into account as domestic demand as export. At the same time he noticed that export share in 2009 can grow to 20. Such a volume was natural for the industry till 2008. In 2008 export share in total scrap procurement volume made 10 %.” Mr. Kulichenko has also forested scrap procurement volumes increase in spring and noticed that monthly need for scrap can reach 450,000 tonnes. In 2008 scrap procurement in Ukraine reduced by 16.9% to 6.4 million tonnes due to steel output decrease in Q4 2008.

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