Business news from Ukraine

UKRAINE RAISES CAST IRON EXPORTS BY 59.3%, MORE THAN HALF OF SHIPMENTS TO U.S. IN SEVEN MONTHS

28 August , 2018  

Ukraine in January-July 2018 increased exports of pig iron in natural terms by 59.3% compared to the same period in 2017, to 1.768 million tonnes.
According to customs statistics released by the State Fiscal Service, during this period exports of cast iron in monetary terms rose by 78.6%, to $608.696 million.
At the same time, exports were mainly made to the United States (57.41% of deliveries in monetary terms), Italy (14.21%), and Turkey (8.35%).
In January-July 2018 Ukraine imported 836 tonnes of similar products for $493,000, while in January-July 2017 some 1,352 tonnes worth $683,000. Imports were carried out from Russia (79.31% of deliveries in monetary terms), and Germany (20.69%).
As reported, Ukraine in 2017 reduced exports of cast iron in natural terms by 7.8% compared to the previous year, to 2.342 million tonnes, but increased in monetary terms by 33.9%, to $738.130 million. At the same time, exports were mainly made to the U.S. (55.05% of deliveries in monetary terms), Italy (24.69%), and Turkey (7.95%).

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