In January-November of this year, Ukraine increased exports of processed pig iron in physical terms by 49% compared to the same period last year, to 1 million 734,104 thousand tons.
According to statistics released by the State Customs Service (SCS) on Friday, during the specified period, pig iron exports in monetary terms increased by 48.5% to $669.118 million.
At the same time, exports were mainly to the United States (74.77% of shipments in monetary terms), Italy (13.09%), and Turkey (4.13%).
In the first 11 months of this year, the country imported 39,000 tons worth $78,000 from Germany (51.95%) and Brazil (48.05%), while in January-November 2024, 25 tons of cast iron worth $60,000 were imported.
As reported, on March 12 of this year, 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 in physical terms by 3.4% compared to 2023, to 1 million 290.622 thousand tons, and in monetary terms by 6.1%, 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.
