Business news from Ukraine

Business news from Ukraine

Ukraine suspends manganese ore exports in February-October 2024

11 November , 2024  

In February-October 2024, Ukraine continued to suspend manganese ore exports, which resumed in January this year after a two-year break.

According to statistics released by the State Customs Service (SCS), there were no exports of manganese ore in February-October, while in January 44,903 thousand tons were exported to the US for $6.563 million.

At the same time, in ten months of 2014, the country imported 84.275 thousand tons worth $18.212 million from Ghana (99.34%), Brazil (0.50%) and Belgium (0.12%), and there were no imports in October.

Import growth occurred in July and August of this year, when 17.811 thousand tons of manganese ore were imported in July, 10.017 thousand tons in August, and in September it increased to 56.447 thousand tons. Ukraine imported 44.202 thousand tons of manganese ore in 10 months of 2013.

As reported, Ukraine did not export manganese ore in 2022 and 2023, exported 770 tons for $89 thousand in 2021, and imported 44.203 thousand tons for $7.020 million in 2023.

In 2022, Ukraine reduced imports of manganese ore and concentrate in physical terms by 68.1% compared to the previous year, to 135,798 thousand tons, and in monetary terms by 66.4%, to $18.098 million. The main imports were from Ghana (99.16% of supplies in monetary terms), Slovakia (0.71%) and Belgium (0.10%). In August-November 2022, there were almost no imports of manganese ore.

In addition, it was reported that the Pokrovsky Mining and Processing Plant (PGOK, formerly Ordzhonikidze Mining and Processing Plant), a part of the Privat Group, and Marhanetsky Mining and Processing Plant (MGOK, both in Dnipropetrovska oblast), in late October and early November, had been shutting down. ) stopped mining and processing crude manganese ore in late October and early November 2023, while NFP and ZFP suspended smelting of ferroalloys, and later ferroalloy enterprises slightly resumed production.

In Ukraine, Pokrovske and Marhanets mining and processing plants mine and enrich manganese ore.

Manganese ore is consumed by ferroalloy enterprises.

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