Business news from Ukraine

Ukraine reduced export of semi-finished products from carbon steel by 68.9%

Ukraine in January-September of this year reduced the export of semi-finished products from carbon steel in kind by 68.9% compared to the same period last year – up to 1 million 665.909 thousand tons.
According to statistics released by the State Customs Service (SCS), in monetary terms, the export of semi-finished products from carbon steel over this period decreased by 67% – to $1 billion 55.080 million.
The main exports were to Bulgaria (23.38% of deliveries in monetary terms), Italy (13.6%) and Poland (12092%).
In addition, Ukraine imported 5,540 thousand tons of such products in January-September, which is 65.4% less than in January-September 2021. In monetary terms, imports decreased by 64.7% – to $ 3.588 million. Imports were carried out from the Russian Federation (98.16% of supplies), Romania (1.23%) and China (0.59%).
As reported, Ukraine in 2021 reduced the export of semi-finished products from carbon steel in physical terms by 9.5% compared to 2020, to 6 million 776.44 thousand tons. In monetary terms, the export of semi-finished products from carbon steel increased by 48.8% over the year to $4 billion 93.02 million. The main exports were to Italy (30.90% of supplies in monetary terms), Turkey (12.77%) and the Republic (8.02%).
In addition, Ukraine imported 38.97 thousand tons of such products in 2021, which is 2.6 times more than in 2020. In monetary terms, imports increased by 3.9 times – up to $25.95 million. Imports were carried out from the Russian Federation (97.73% of deliveries), Turkey (1.15%) and Uzbekistan (1.08%).

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

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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UKRAINE CUTS EXPORTS OF STEEL SEMI-FINISHED PRODUCTS

Ukraine in January-July this year reduced exports of semi-finished products from carbon steel in quantity terms by 3.2% compared to the same period last year, to 4.177 million tonnes.
According to statistics released by the State Customs Service, during the specified period, exports of semi-finished products from carbon steel increased in monetary terms by 51.2%, to $2.344 billion.
The products were mainly exported to Italy (31.35% of supplies in monetary terms), Turkey (17.45%) and the Dominican Republic (8.31%).
In addition, Ukraine in January-July 2021 imported 12,806 tonnes of such products, which is 40.7% more than in January-July 2020. In monetary terms, imports increased 2.1 times, to $7.990 million. The products were mainly imported from the Russian Federation (94.04% of supplies), Uzbekistan (3.49%) and Turkey (2.38%).

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