Scrap Association offers to regulate exports
USMA,
Ukraine Secondary Metals Association, has offered to regulate
scrap exports of member companies, on the condition that the duty on ferrous
scrap is lowered from €30 /mt to €18/mt.
It is reported that the members of the Association account for the 80% of
Ukraine's ferrous
scrap processing volume. Still, the Ukranian government shows no signs of intention to lower the export duty on steel
scrap.