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. Last Updated: 07/27/2016

Scrap Metal Sales Soar

KIEV -- Ukraine may increase sales of scrap metal to 4.4 million metric tons this year from 3.38 million in 1998, Interfax-Ukraine reported Wednesday, quoting scrap metal traders.

Interfax said Valentyn Kulychenko, head of the Ukrainian Scrap Association, told an assembly of traders that the former Soviet state had exported 2.21 million tons of scrap in the first half of this year.

He said domestic consumers had bought another 1.65 million tons in January-June. Local consumers received a total of 3.46 million tons of scrap last year.