In January of this year, Ukraine increased exports of ferroalloys in physical terms by 35.4 times compared to the same period last year, up to 8,331 thousand tons from 235 tons.
According to statistics released by the State Customs Service, exports of ferroalloys increased 10-fold to $8.655 million in monetary terms.
The main exports were to Algeria (42.11% of supplies in monetary terms), Poland (41.96%) and Austria (8.79%).
In addition, last month Ukraine imported 5.298 thousand tons of these products, a 24.5% decrease compared to January 2014. In monetary terms, imports fell by 33.8% to $8.442 million.
Imports were mainly from Norway (32.80%), Kazakhstan (27.85%) and Georgia (9.11%).
As reported, Pokrovsky Mining and Processing Plant (PGOK, formerly Ordzhonikidze Mining and Processing Plant) and Marganetsky Mining and Processing Plant (MGOK, both in Dnipropetrovska oblast), both part of Privat Group, stopped mining and processing of crude manganese ore in late October and early November 2023, while NFP and ZFP stopped smelting ferroalloys. In the summer of 2024, ferroalloy plants resumed production at a minimal level.
In 2024, Ukraine reduced exports of ferroalloys in physical terms by 4.45 times compared to 2023 – to 77.316 thousand tons from 344.173 thousand tons, while in monetary terms, exports decreased by 3.4 times – to $88.631 million from $297.595 million. The main exports were to Poland (27.40% of supplies in monetary terms), Turkey (21.53%) and Italy (19.82%).
In addition, last year Ukraine imported 82.259 thousand tons of these products compared to 14.203 thousand tons in 2023 (an increase of 5.8 times). In monetary terms, imports increased by 3.3 times to $140.752 million from $42.927 million. Imports were carried out mainly from Poland (32.71%), Norway (19.55%) and Kazakhstan (13.90%).
Prior to the nationalization of the financial institution, PrivatBank organized the business of ZZF, NZF, Stakhanovsky ZF (which is on the NKT), Pokrovske and Marganetske GOKs. Nikopol Ferroalloy Plant is controlled by EastOne Group, established in the fall of 2007 as a result of the restructuring of Interpipe Group, and Privat Group.
