Ukraine in January-June of this year reduced exports of ferroalloys in quantity terms by 6.8% compared to the same period last year, to 388,691 tonnes.
According to statistics released by the State Customs Service, in monetary terms, exports of ferroalloys increased by 17.4%, to $523.365 million.
The product was mainly exported to Turkey (17.84% of supplies in monetary terms), Italy (14.61%) and Poland (11.93%).
In addition, in January-July 2021, Ukraine imported 30,294 tonnes of this product, which is 40.3% more compared to January-July 2020. In monetary terms, imports increased by 40.6%, to $84.065 million.
The product was mainly imported from Brazil (19.16%), Kazakhstan (17.13%) and Russia (10.97%).
Ukraine in January-March 2019 boosted exports of ferroalloys by 7.7% compared to the same period last year, to 238,167 tonnes (221,163 tonnes in January-March 2018).
According to customs statistics made public by the State Fiscal Service of Ukraine, exports of ferroalloys in monetary terms grew by 1.7%, to $262.904 million.
Major exports were carried out to Italy (18.1% of supply in monetary terms), Turkey (15.62%), and the Netherlands (8.06%).
In addition, in January-March 2019, Ukraine imported 13,855 tonnes of similar products, which is 21.6% more compared to the same period last year. In monetary terms, imports for this period increased by 4.9%, to $36.827 million.
Imports were mainly made from Norway (22.11%), the Czech Republic (22.11%), and Kazakhstan (15.68%).
As reported, Ukraine in 2018 increased exports of ferroalloys in natural terms by 3.5% compared to the same period last year, to 904,290 tonnes. Exports of ferroalloys in monetary terms fell by 12.3%, to $977.858 million. Major exports were carried out to Turkey (16.84% of supply in monetary terms), Italy (15.78%), and the Netherlands (13.73%).
Last year Ukraine imported 60,373 tonnes of similar products, which is 2% less compared to 2017. In monetary terms, imports for this period increased by 26.9%, to $170.530 million. Imports were mainly made from Norway (21.9%), the Czech Republic (17.58%), and Kazakhstan (14.75%).
PrivatBank (Kyiv) prior to its nationalization organized the business of Stakhanov and Zaporizhia ferroalloys plants. Nikopol Ferroalloy Plant is under control of the EastOne Group, established in autumn 2007 as a result of the restructuring of the Interpipe group, as well as the Privat Group.