Ukrzaliznytsia in 2021 increased revenues from the sale of scrap metal by 2.8 times

Ukrainian Railways sold over 200,000 tons of scrap metal at auction last year for a total of UAH 1.7 billion.

steel production

JSC "Ukrzaliznytsia" in 2021 successfully held 106 auctions for the sale of scrap metal in the electronic trading system "Prozorro. Sales", selling 203.4 thousand tons of scrap in the amount of UAH 1.704 billion.

The specified amount is 13.7% more than the starting price of auctions and 2.8 times more than the amount of scrap metal sales in 2020.

In addition, according to the financial plan of Ukrzaliznytsia JSC approved by the Cabinet of Ministers of Ukraine for 2022, it is planned to sell scrap metal for a total of UAH 1.5 billion.

Recall that Ukrzaliznytsia JSC received UAH 457.5 million of net profit in 2021 against almost UAH 12 billion of net loss in 2020.

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