Ukraine needs three times to raise the duty on export of scrap metal from the country

Nov 6, 2019 Новини

This statement was made head of the parliamentary Committee on industrial policy and entrepreneurship Viktor Galasyuk, during a visit to Mariupol metallurgical Ilyich iron and steel works (MMK im.Of Ilyich).
Within the next month we plan to adopt this package of bills, which on the one hand raises export duties from 10 to 35 euros, on the other – until we remove import duty on scrap from 5% to 0%. This brand of European development policy industry, – said the Deputy.
According to the Galasyuk, this package of laws will significantly improve the situation with the supply of raw materials for metallurgical enterprises.
Ukrainian is the protection of jobs, protection of production volumes and export volumes. Because if we lose part of the Ukrainian metallurgy, mining and metallurgical complex and related industries, we will lose jobs. This means that we will lose export revenue, will lose the stability of the hryvnia, and the prices in the shops will rise, he concluded.
In turn, General Director MMK to them.Ilyich Yury Zinchenko noted that, currently, the warehouses of the plant remains from 2 to 3 thousand tons of scrap metal.
This is the balance that we have kept today at the plant. It's a day or two of work. In good times, when scrap metal was and the company was operating at full capacity, we had to 60-70 thousand tons of scrap metal. We were able to feel confident and to increase production. Today, it is important to adopt a law 3868, which would discourage exports of scrap metal and to redirect flows to the domestic steel industry, he said.
We will remind, the bill №3868 on increasing duties on the export of scrap metal from the country passed in the Parliament in the first reading.

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