Business news from Ukraine

Ukraine increased pig iron exports in first half of year, main importer – Poland

10 July , 2023  

Ukraine in January-June this year increased exports of pig iron in physical terms by 26.1% compared to the same period last year – up to 799.692 thousand tons. According to statistics released by the State Customs Service (SCS) on Monday, during the period, pig iron exports in monetary terms amounted to $309.146 million (down 7.9%).
At the same time, exports were mainly to Poland (66.02% of shipments in monetary terms), Spain (15.82%) and the Czech Republic (8.13%).
For six months of 2023 Ukraine imported 37 tons of pig iron for $52 thousand from Germany (61.54%) and Brazil (38.46%), with no imports of pig iron in June.
As reported, Ukraine in 2022 reduced exports of pig iron in physical terms by 59% year-on-year to 1 million 325.275 thousand tons, in monetary terms by 61.1% to $638.774 million.
In 2022, Ukraine imported 40 tons of pig iron worth $23 thousand, while in 2021 – 185 tons of pig iron worth $226 thousand.
Exports were mainly to the USA (38.47% of shipments in monetary terms), Poland (32.91%) and Turkey (8.12%), imports – from Germany (100%).

, , ,