Business news from Ukraine

Business news from Ukraine

UKRAINE INCREASES IMPORT OF MANGANESE ORE BY 30%

16 November , 2019  

Ukraine in January-October 2019 increased import of manganese ore and concentrate in natural terms by 29.4% compared to the same period in 2018, to 1.027 million tonnes.
According to customs statistics released by the State Fiscal Service of Ukraine, imports of manganese ore and concentrate in monetary terms grew by 18.7%, to $183.574 million.
Major imports were made from Ghana (75.99% of deliveries in monetary terms), Russia (20.46%), and Georgia (3.1%).
In January-October 2019, Ukraine exported 27,026 tonnes of manganese ore and concentrate for the amount of $2.587 to Hungary (40.59%), Slovakia (23.04%) and the Czech Republic (19.87%), while in January-October 2018 the country exported 53,617 tonnes for $3.527 million.
As reported, Ukraine in 2018 reduced import of manganese ore and concentrate in natural terms by 27.9% compared to 2017, to 938,946 tonnes. Imports of manganese ore and concentrate in monetary terms fell by 18.2%, to $182.788 million.
Major imports were made from Ghana (57.5% of deliveries in monetary terms), the Republic of South Africa (16.74%), and Russia (17.98%).
In 2018, Ukraine reduced export and re-export of manganese ore and concentrate in natural terms by 31.1%, to 59,597 tonnes, in monetary terms – by 19%, to $3.829 million. Exports and re-exports were carried out to Hungary (40.35% of deliveries), Slovakia (21.6%), and the Czech Republic (23.32%).
In Ukraine, manganese ore is mined and enriched at the Ordzhonikidze and Marhanets ore-mining and dressing mills (both based in Dnipropetrovsk region).
Dnipro-based PrivatBank controls the Stakhanov and Zaporizhia ferroalloy plants, Ordzhonikidze and Marhanets mills.
Nikopol ferroalloy plant (NFP) is controlled by EastOne Group, founded in autumn 2007 as a result of Interpipe Group restructuring, and Privat Group.

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