Business news from Ukraine

Ukraine in January-June this year significantly increased export of steel semi-finished products

9 July , 2024  

Ukraine in January-June this year increased exports of semi-finished carbon steel products in physical terms by 61.6% compared to the same period last year – up to 888.016 thousand tons.

According to statistics released by the State Customs Service (SCS) on Tuesday, in monetary terms, exports of semi-finished carbon steel products increased by 47.3% to $439.909 million.

The main exports were to Bulgaria (35.49% of shipments in monetary terms), Poland (11.74%) and Italy (8.56%).

In January-June 2024 Ukraine imported from Egypt 5 tons of semi-finished products worth $5 thousand, while in January-June 2023 it imported from China 72 tons of semi-finished products worth $133 thousand.

As reported, Ukraine in 2023 reduced exports of semi-finished carbon steel products in physical terms by 36.7% compared to 2022 – to 1 million 203.454 thousand tons, exports in monetary terms decreased by 48.9% to $608.516 million. The main exports were to Bulgaria (36.66% of supplies in monetary terms), Poland (23.01%) and Italy (9.60%).

In addition, in 2023 Ukraine imported 96 tons of semi-finished steel products from China (98.26%) and Turkey (1.74%) for the amount of $172 thousand.

 

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