Business news from Ukraine

Business news from Ukraine

UKRAINE CUTS EXPORTS OF STEEL SEMI-FINISHED PRODUCTS

13 August , 2021  

Ukraine in January-July this year reduced exports of semi-finished products from carbon steel in quantity terms by 3.2% compared to the same period last year, to 4.177 million tonnes.
According to statistics released by the State Customs Service, during the specified period, exports of semi-finished products from carbon steel increased in monetary terms by 51.2%, to $2.344 billion.
The products were mainly exported to Italy (31.35% of supplies in monetary terms), Turkey (17.45%) and the Dominican Republic (8.31%).
In addition, Ukraine in January-July 2021 imported 12,806 tonnes of such products, which is 40.7% more than in January-July 2020. In monetary terms, imports increased 2.1 times, to $7.990 million. The products were mainly imported from the Russian Federation (94.04% of supplies), Uzbekistan (3.49%) and Turkey (2.38%).

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