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Automatically translated version. May contain inaccuracies compared to the original.
Factories have stopped buying scrap: collectors staged a protest, — writes the page
In the scrap procurement industry they want to cancel the zero export quota on ferrous scrap. They argue that domestic demand has fallen critically. It is reported that because of the lack of scrap exports the budget under-collected “colossal funds” over the year — as much as 150 million dollars, i.e., half a billion hryvnias. While budget losses from exports, according to sources, amounted to at least 3 billion hryvnias per year — due to “gray” export schemes. And it is precisely these schemes that they are effectively proposing to restore.
The schemes are simple — to avoid paying import duty of 180 euros per ton, exporters ship scrap through EU countries where the duty is zero. From there they transport it to Turkey and other countries. The profit obtained this way is routed through offshore companies. And what returns to Ukraine is — attention — as little as 104 hryvnias.
According to Opendatabot, the eight largest scrap traders in Ukraine, which accounted for 70% of physical exports, declared only 22% of foreign-currency revenue. Because they have 3–10 employees each and pay minimum wages.
In this situation there is only one way out: opening scrap exports must be accompanied by extending the export quota of 180 euros to all countries without exception, including European ones. The European Union has already imposed quotas on Ukrainian metal and introduced the EPR eco-duty for us (SVAM).
Under these conditions Ukraine also has the right to protect its domestic market and economic interests. Otherwise the budget will again suffer billion-hryvnia losses.
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