Weekly review August 27 - September 03

08.09.2020

Last week, factories increased their prices due to the rapid rise in prices for scrap and rolled products on the outside. At the moment, the average market purchase price of the factories is 5800 UAH / ton.

Deliveries to metallurgical plants.

Scrap deliveries to the factories increased to 60 thousand tons, which is 3 thousand tons or 5% more than a week earlier.

Remains in the ports of Ukraine.

Scrap stocks in Ukrainian ports increased to 1.1 thousand tons

Dynamics of steel smelting.

Steel production increased to 431 thousand tons, which is 12 thousand tons or 3% more than a week earlier.

Warehouse stocks of scrap at metallurgical plants.

The level of satisfaction of the needs of metallurgical plants in imported scrap was 97%, which made it possible to slightly increase warehouse stocks.

Forecast of domestic scrap prices.

By raising prices, factories will pause to assess the effect on supplies. Most likely, buyers will continue to hold prices unchanged. The forecasted average price for next week is 5800 UAH / ton.

Information according to the State Enterprise "Ukrpromvneshexpertiza".


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