Business news from Ukraine

MINING ENTERPRISES OF UKRAINE DOUBLE EARNINGS FROM IRON ORE EXPORT

Mining enterprises of Ukraine in January-September of this year, according to recent data, increased exports of iron ore raw materials (iron ore) in monetary terms by 2.04 times compared to the same period last year, to $5.95 billion.
According to preliminary generalized statistics released by the State Customs Service, in monetary terms, iron ore exports in September amounted to $472.96 million, while in September 2020 – $387.3 million.
As reported, in 2020 Ukraine increased iron ore exports by 16% compared to the previous year, to 46.293 million tonnes, while foreign exchange earnings from iron ore exports increased by 24.7%, to $4.239 billion.

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