Business news from Ukraine

Business news from Ukraine

Ukraine reduces export of semi-finished products from carbon steel in quantity terms by 60%

24 July , 2022  

Ukraine reduced the export of semi-finished products from carbon steel in quantity terms by 60.8% in January-June this year compared to the same period last year, to 1.427 million tonnes.
According to statistics released by the State Customs Service, in monetary terms, exports of carbon steel semi-finished products over this period decreased by 54.1%, to $900.84 million.
The products were mainly exported to Bulgaria (21.38% of supplies in monetary terms), Italy (15.59%) and Turkey (11.87%).
In addition, Ukraine imported 5,530 tonnes of such products in January-June, which is 47.2% less than in January-June 2021. In monetary terms, imports decreased by 45.2%, to $3.53 million. The products were mainly imported from the Russian Federation (99.72% of supplies) and China (0.25%).

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