Ukraine in January-November this year, Ukraine reduced the export of pig iron in physical terms by 57.8% compared to the same period last year – up to 1 million 227.821 thousand tons.
According to statistics released by the State Customs Service (SCS), exports of pig iron in monetary terms fell by 59.7% to $602.691 million over the period.
In January-November 2022, Ukraine imported 40 tons of pig iron worth $23 thousand, while in 11M2021, it imported 172 tons of pig iron worth $202 thousand.
As reported, Ukraine in 2021 increased the export of pig iron in volume terms by 4.2% compared to 2020 – up to 3 million 235.772 thousand tons, iron exports in monetary terms increased by 78.1% to $ 1 billion 642.596 million. In this export was carried out mainly in the U.S. (53.61% of supplies in monetary terms), Italy (22.08%) and Turkey (9.74%).
In 2021, Ukraine imported 185 tons of cast iron worth $226 thousand from Germany (74.34%), Russia (20.35%) and Slovakia (5.31%), while in 2020, Ukraine imported 593 tons worth $417 thousand.
Ukraine in January-July this year reduced the export of pig iron in physical terms by 57.3% compared to the same period last year – up to 777.208 thousand tons.
According to statistics published by the State Customs Service (SCS), over the specified period, the export of pig iron in monetary terms decreased by 54.2% – to $423.821 million.
At the same time, exports were carried out mainly to the USA (39.02% of deliveries in monetary terms), Poland (33.76%) and Turkey (10.32%).
In January-July 2022, Ukraine imported 15 tons of pig iron from Germany for $25 thousand, while in 7 months of 2021 it imported 30.294 thousand tons of this product for $84.065 million from Brazil (19.16%), Kazakhstan (17.13% ) and RF (10.97%).
As reported, Ukraine in 2021 increased the export of pig iron in physical terms by 4.2% compared to 2020 – up to 3 million 235.772 thousand tons, the export of pig iron in monetary terms increased by 78.1% – up to $1 billion 642.596 million At the same time, exports were carried out mainly to the USA (53.61% of deliveries in monetary terms), Italy (22.08%) and Turkey (9.74%).
In 2021, Ukraine imported 185 tons of pig iron worth $226 thousand from Germany (74.34%), the Russian Federation (20.35%) and Slovakia (5.31%), while in 2020 it imported 593 tons worth $417 thousand.
“Metinvest”, the largest Ukrainian mining and metallurgical holding, in January-March of this year, reduced steel production by 8% compared to the same period last year, and by 25% compared to the previous quarter – to 1.962 million tons, n pig iron – by 15% and 31%, to 1.828 million tons, the total production of coke – by 33% and 28%, respectively, to 783 thousand tons.
According to a press release from parent company Metinvest B.V. on operating results for the first quarter of 2022, in January-March of this year, the group reduced the total production of iron ore concentrate (IOR) by 3% compared to the same period last year and by 10% quarter-on-quarter to 2.786 million tons, pellets by 35% and increased by 34%, respectively – up to 1.281 million tons, the total production of coking coal concentrate – increased by 29% and reduced by 14%, respectively, to 1.276 million tons.
As reported, according to the results of 2021, Metinvest increased steel production by 15% compared to 2020 – up to 9.533 million tons, pig iron – also by 15%, up to 9.709 million tons, but reduced the total production of coke by 5% – to 4.551 million tons. In 2021, Metinvest increased the total production of iron ore concentrate (IRO) by 3% compared to the previous year – up to 31.341 million tons, pellets by 18% – up to 5.811 million tons and the total production of coking coal concentrate – by 92%, up to 5.542 million tons.
Metinvest is a vertically integrated mining group of companies that manages assets in every link of the production chain from iron ore and coal mining and coke production to the production of semi-finished products and finished products from steel, pipes and coils, as well as the production of other high value-added products. The group consists of mining and metallurgical enterprises located in Ukraine, Europe and the USA, has a sales network covering all key global markets.
Metinvest’s main shareholders are the SCM group (71.24%) and Smart Holding (23.76%), which jointly manage the company.
Metinvest Holding LLC is the management company of the Metinvest group.
Ukraine in January 2019 saw an 18.3% increase in pig iron exports in physical terms compared to the same period of 2018, to 276,408 tonnes.
During this period, the exports of pig iron in monetary terms increased by 25% to $95.082 million, the State Fiscal Service of Ukraine said in its customs statistics update.
At the same time, pig iron was shipped mainly to the United States (63.79% of deliveries in monetary terms), Italy (12.42%) and Mexico (11.01%).
In January 2019, Ukraine imported 21 tonnes of pig iron in the amount of $9,000, while in January 2018 imports totaled 50 tonnes worth $35,000. Imports were from Russia (100% of deliveries in monetary terms).
