Business news from Ukraine

UKRAINE CUTS IMPORTS OF NICKEL ORE

8 August , 2019  

Ukraine in January-July 2019 decreased imports of nickel ore and concentrate in natural terms by 15.5% compared to the same period in 2018, to 753,532 tonnes.
According to customs statistics released by the State Fiscal Service, in monetary terms nickel ore imports fell by 15.4%, to $36.866 million.
At the same time, imports were made from Guatemala (50.54% of deliveries in monetary terms), and Indonesia (49.46%).
Through the seven months of 2019, Ukraine exported 7,999 tonnes of nickel ore for $312,000 to Greece, while it did not export and re-export these products over the same period a year ago.
As reported, Ukraine in 2018 increased imports of nickel ore and concentrate in natural terms by 10% compared to the same period in 2017, to 1.445 million tonnes, in monetary terms imports rose by 8%, to $69.325 million. Imports were made from Guatemala (67.88% of deliveries in monetary terms), and Indonesia (32.12%).
Pobuzke Ferronickel Combine (part of Solway Group) imports nickel ore to Ukraine.
The plant processes about 1.2 million tonnes of ore a year.

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