In January this year, Ukraine reduced its exports of processed pig iron in physical terms by 27.1% compared to the same period last year — to 93,795 tons from 128,592 tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, 246,516 tons of pig iron were exported in December.
In January, pig iron exports decreased by 32.5% in monetary terms, to $34.807 million from $51.581 million.
At the same time, exports were mainly to the US (87.25% of shipments in monetary terms), Italy (9.41%), and Poland (2.01%).
This January, the country did not import pig iron, as it did a year ago.
As reported, in 2025, Ukraine increased its exports of cast iron in physical terms by 53.5% compared to the previous year, to 1 million 980.620 thousand tons, and its revenue by 51.9%, to $759.882 million. Exports were mainly to the United States (68.25% of shipments in monetary terms), Italy (20.26%), and Turkey (3.63%).
Over the 12 months of last year, the country imported 39,000 tons worth $78,000 from Germany (51.95%) and Brazil (48.05%), while in January-December 2024, 38 tons of pig iron worth $90,000 were imported.
It was also reported that, starting March 12, 2025, in accordance with President Donald Trump’s decision, the US began imposing a 25% tariff on imports of Ukrainian steel products, except for cast iron.
In 2024, Ukraine reduced its exports of processed cast iron by 3.4% in physical terms compared to 2023, to 1 million 290.622 thousand tons, and by 6.1% in monetary terms, to $500.341 million. Exports were mainly to the US (72.64% of shipments in monetary terms), Turkey (8.03%), and Italy (7.30%). For the whole of 2024, the country imported 38 tons of pig iron worth $90 thousand from Germany, while for the same period in 2023, it imported 154 tons of pig iron worth $156 thousand.
