Business news from Ukraine

UKRAINE CUTS EXPORT OF CAST IRON BY 52.7%, OVER HALF OF SUPPLIES COMES FROM USA IN JAN-APRIL

19 May , 2022  

Ukraine in January-April this year reduced the export of cast iron by 52.7% compared to the same period last year, to 451,142 tonnes.
According to statistics released by the State Customs Service (SCS), over the specified period, the export of cast iron in monetary terms decreased 50.4%, to $220.179 million.
At the same time, exports were carried out mainly to the United States (52.42% of deliveries in monetary terms), Turkey (18.58%) and Italy (17.59%).
In January-April 2022, Ukraine imported 15 tonnes of cast iron from Germany for $25,000, while in the first four months of 2021 it imported 46 tonnes of cast iron for $49,000 from Germany (76%) and Slovakia (24%).
As reported, Ukraine in 2021 increased the export of cast iron by 4.2% compared to 2020, to 3.236 million tonnes, the export of cast iron in monetary terms grew by 78.1%, to $1.643 billion. At the same time, exports were carried out mainly to the United States (53.61% of deliveries in monetary terms), Italy (22.08%) and Turkey (9.74%).
In 2021, Ukraine imported 185 tonnes of pig iron worth $226,000 from Germany (74.34%), the Russian Federation (20.35%) and Slovakia (5.31%), while in 2020 it imported 593 tonnes worth $417,000.

,