Ukraine in January-November this year reduced ferroalloys exports in physical terms by 48 percent year-on-year to 318,760,000 tonnes.
According to the statistics released by the State Customs Service (SCS), in monetary terms ferroalloys exports fell by 42.7% to $532.263m.
In addition, during this period, Ukraine imported 20,288 thousand tons of these products, down 64.2% compared to January-November 2021. In monetary terms, imports decreased by 56.3% – to $70.760 million.
As reported, Ukraine in 2021 increased the export of ferroalloys in volume terms by 6.9% compared to 2020 – up to 668.539 tons, in monetary terms, their exports rose by 58.2% – to $ 1 billion 43.880 million, with major exports to Turkey (19.87% exports in monetary terms), Italy (13.51%) and China (11.28%).
In addition, in 2021, Ukraine imported 59.569 thousand tons of these products, which is 75.6% more than in 2020. In monetary terms, imports rose by 84.5% – to $177.616 million. Imports were carried out mainly from Brazil (16.93%), Norway (15.72%) and Kazakhstan (15.1%).
Stakhaniv and Zaporizhia ferroalloys plants (NWF and ZZF) were organized by PrivatBank (Kiev) until the nationalization of the financial institution. Nikopol Ferroalloy Plant is controlled by EastOne Group, created in the fall of 2007 as a result of restructuring of Interpipe Group, as well as Privat Group.
