Business news from Ukraine

Business news from Ukraine

Ukraine increased exports of ferroalloys by 20% in 8 months

In January-August this year, Ukraine increased exports of ferroalloys in physical terms by 20.2% compared to the same period last year, up to 312.445 thousand tons.

According to statistics released by the State Customs Service, exports of ferroalloys decreased by 41.3% to $271.280 million in monetary terms.

The main exports were to Poland (55.89% of supplies in monetary terms), Turkey (12.16%) and the Netherlands (8.09%).

In addition, in the period under review, Ukraine imported 5.059 thousand tons of these products, which is 69.6% less than in January-August 2022. In monetary terms, imports decreased by 66.3% to $20.971 million.

Imports were carried out mainly from India (19.14%), China (17.26%) and Armenia (16.98%).

As reported, in 2022, Ukraine reduced exports of ferroalloys in physical terms by 47.7% compared to the previous year – to 349,560 thousand tons, in monetary terms by 46% – to $564.136 million. At the same time, the main supplies were made to Poland (53.25% of exports in monetary terms), the Netherlands (13.13%) and Romania (5.66%).

In addition, last year Ukraine imported 20.546 thousand tons of these products, which is 65.5% less than in 2021. In monetary terms, imports decreased by 59.1% to $72.705 million. Imports were carried out mainly from Norway (22.67%), China (15.60%) and Kazakhstan (14.10%).

The business of the Stakhanov and Zaporizhzhia Ferroalloy Plants (SZF and ZZF) was organized by PrivatBank (Kyiv) before the nationalization of the financial institution. 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.

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Ukraine increased exports of ferroalloys by 23.2%, imports decreased by 41%

Ukraine in January-July this year increased exports of ferroalloys in physical terms by 23.2% compared to the same period last year – up to 299.458 thousand tons.

According to statistics released by the State Customs Service (SCS), in monetary terms, ferroalloys exports decreased by 40.5% to $260.870 mln.

The main exports were to Poland (57.24% of shipments in monetary terms), Turkey (11.36%) and the Netherlands (6.76%).

In addition, during this period Ukraine imported 4.379 thousand tons of these products, which is 72.9% less compared to January-July-2022. In monetary terms, imports decreased by 69% – to $18.561 mln.

Imports were mainly from Armenia (18.37%), India (17.86%) and China (15.15%).

As reported, Ukraine in 2022 reduced exports of ferroalloys in physical terms by 47.7% compared to the previous year – to 349.560 thousand tons, in monetary terms by 46% – to $ 564.136 million. At the same time, the main supplies were made to Poland (53.25% of exports in monetary terms), the Netherlands (13.13%) and Romania (5.66%).

In addition, last year Ukraine imported 20.546 thousand tons of these products, which is 65.5% less compared to 2021. In monetary terms, imports decreased by 59.1% to $72.705 million. Imports were mainly from Norway (22.67%), China (15.60%) and Kazakhstan (14.10%).

The business of Stakhanov and Zaporizhzhya Ferroalloy Plants (NWF and ZZF) was organized by PrivatBank (Kiev) before the nationalization of the financial institution. Nikopol Ferroalloy Plant is controlled by EastOne Group, established in the fall of 2007 as a result of restructuring of Interpipe Group, as well as by Privat Group.

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Ukraine cuts ferroalloys exports by 5.5%

Ukraine in January-April this year reduced exports of ferroalloys in physical terms by 5.5 percent compared to the same period last year – to 208,019 thousand tons.
According to the statistics released by the State Customs Service (SCS), in monetary terms, ferroalloys exports fell by 53.9% to $180.098 million.
At that, the main export was carried out to Poland (69.06% of supplies in money terms), Italy (6.10%) and Turkey (5.51%).
In addition, during this period, Ukraine imported 2.096 thousand tons of these products, which is 84.4% less compared to January-April 2022. In monetary terms, imports decreased by 77.6% – to $10.368 million.
Imports were carried out mainly from Armenia (27.92%), Colombia (13.14%) and India (12.20%).
As reported, in 2022, Ukraine reduced the export of ferroalloys in volume terms by 47.7% compared to the previous year – up to 349.560 tons, in monetary terms by 46% – to $ 564.136 million. At that, the main exports were shipped to Poland (53.25% in monetary terms), Netherlands (13.13%) and Romania (5.66%).
In addition, last year Ukraine imported 20.546 thousand tons of these products, which is 65.5% less compared to 2021. In monetary terms, imports decreased by 59.1% – to $72.705 million. Imports were carried out mainly from Norway (22.67%), China (15.60%) and Kazakhstan (14.10%).
Stakhaniv and Zaporizhia ferroalloys plants (NWF and ZZF) were organized by PrivatBank (Kyiv) before the nationalization of the financial institution. Nikopol Ferroalloy Plant is controlled by EastOne Group, created in the fall of 2007 as a result of restructuring of Interpipe Group, as well as Privat Group.

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Ukraine increases export of ferroalloys by 33.6%

Ukraine in January this year increased the export of ferroalloys in kind by 33.6% compared to the same period last year, to 55,900 tonnes.
According to statistics released by the State Customs Service, in monetary terms, the export of ferroalloys dropped by 35.5% to $51.573 million.
At the same time, the major exports were to Poland (57.25% of supplies in monetary terms), China (10.39%) and Turkey (7.37%).
In addition, in January, Ukraine imported 402 tonnes of these products, which is 96.3% less compared to January 2022. In monetary terms, imports fell by 84.6% to $1.657 million.
Ferroalloys were mainly imported from China (27.68%), Armenia (18.03%) and Slovakia (14.54%).

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Ukraine reduced ferroalloys exports by 48%

Ukraine in January-November this year reduced ferroalloys exports in physical terms by 48 percent year-on-year to 318,760,000 tonnes.
According to the statistics released by the State Customs Service (SCS), in monetary terms ferroalloys exports fell by 42.7% to $532.263m.
In addition, during this period, Ukraine imported 20,288 thousand tons of these products, down 64.2% compared to January-November 2021. In monetary terms, imports decreased by 56.3% – to $70.760 million.
As reported, Ukraine in 2021 increased the export of ferroalloys in volume terms by 6.9% compared to 2020 – up to 668.539 tons, in monetary terms, their exports rose by 58.2% – to $ 1 billion 43.880 million, with major exports to Turkey (19.87% exports in monetary terms), Italy (13.51%) and China (11.28%).
In addition, in 2021, Ukraine imported 59.569 thousand tons of these products, which is 75.6% more than in 2020. In monetary terms, imports rose by 84.5% – to $177.616 million. Imports were carried out mainly from Brazil (16.93%), Norway (15.72%) and Kazakhstan (15.1%).
Stakhaniv and Zaporizhia ferroalloys plants (NWF and ZZF) were organized by PrivatBank (Kiev) until the nationalization of the financial institution. Nikopol Ferroalloy Plant is controlled by EastOne Group, created in the fall of 2007 as a result of restructuring of Interpipe Group, as well as Privat Group.

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Ukraine reduced export of ferroalloys by 44.8%

Ukraine in January-September this year reduced the export of ferroalloys in kind by 44.8% compared to the same period last year – up to 283.571 thousand tons.
According to statistics released by the State Customs Service (STS), in monetary terms, exports of ferroalloys decreased by 33.5% to $489.072 million.
At the same time, the main exports were to Poland (55.71% of supplies in monetary terms), the Netherlands (14.21%) and Romania (6.14%).
In addition, during this period, Ukraine imported 17,005 thousand tons of these products, which is 60.1% less compared to January-September 2021. In monetary terms, imports decreased by 47.8% to $63.883 million.
Import was carried out mainly from Norway (25.8%), China (16.41%) and Kazakhstan (15.85%).
As reported, Ukraine in 2021 increased the export of ferroalloys in physical terms by 6.9% compared to 2020 – up to 668.539 thousand tons, in monetary terms, the export of ferroalloys increased by 58.2% – up to $1 billion 43.880 million. the main exports were to Turkey (19.87% of supplies in monetary terms), Italy (13.51%) and China (11.28%).
In addition, in 2021, Ukraine imported 59.569 thousand tons of these products, which is 75.6% more by 2020. In monetary terms, imports increased by 84.5% – up to $177.616 million. Imports were carried out mainly from Brazil (16.93%), Norway (15.72%) and Kazakhstan (15.1%).
The business of the Stakhanov and Zaporozhye Ferroalloy Plants (SZF and ZZF) was organized by PrivatBank (Kyiv) before the financial institution was nationalized. The Nikopol Ferroalloy Plant is controlled by the EastOne group, created in autumn 2007 as a result of the restructuring of the Interpipe group, as well as the Privat group.

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