In April 2020, Ukrainian steelmakers increased pig iron exports by 33.4% to 304.9 thousand tons against April last year.

In monetary terms, pig iron exports grew by 18% to $89.2 million,

according to the customs statistics.

Revenue from pig iron exports and its tonnage more than doubled in April against March.

In the first four months of the year, Ukrainian steel producers increased revenue from pig iron exports by 1.7% to $286 million compared to the same period of 2019.

In January–April, steelmaking companies exported 960.2 thousand tons of pig iron. This is 11.9% up from January–April last year.

The main export market of Ukraine’s pig iron is the U.S. (58.00%). The share of the U.S. in the total exports of pig iron increased by 10.6 p.p. against January–March.

The share of China in the total exports of Ukrainian pig iron in January–April was 20.62%. In January–March, the country did not import pig iron from Ukraine. Turkey ranks third in terms of imports from Ukraine (7.20%).

In 2019, Ukraine’s exports of pig iron decreased by 23.8% to $801.9 million compared to the previous year. In physical terms, pig iron exports fell by 14.2% to 2.6 million tons.

In 2019, Ukraine sold more than a half of its pig iron to the U.S. (58%). Italy ranked second in terms of imports from Ukraine (12.43%), followed by Turkey (10.27%).

In April 2020, Ukraine’s exports of semi-finished products dropped by 6.9% to 515.9 thousand tons against April last year.

In monetary terms, exports of semi-finished products declined by 16.6% to $187.6 million,

according to the customs statistics.

Exports of semi-finished products in April shrank by 31.5% and to 27.9% in physical terms against March 2020.

In January–April, Ukrainian steelmakers exported 2.6 million tons of semi-finished products. This is 7.6% up from the first four months of 2019. Conversely, revenue decreased by 3.4% to $955.9 million.

The main export markets were Italy (27.28%), Turkey (17.29%), and Saudi Arabia (7.99%).

In 2019, exports of semi-finished products from Ukraine dropped by 4.8% to $2.9 billion against last year. Conversely, exports of semi-finished products in physical terms grew by 12% to 7.47 million tons against 2018.

Revenue of Ukrainian steelmaking companies from exports of ferrous metals decreased by 17.5% to $630.5 million in April 2020 against April last year,

according to the customs statistics.

In January–April this year, foreign currency earnings of steelmakers from exports of ferrous metals decreased by 15.5% to $2.7 billion compared to the same period of the previous year.

The share of ferrous metals in the structure of export earnings of the country dropped to 16.7% over the four months of 2020. In April 2019, it was 19.4%.

In 2019, Ukraine’s exports of ferrous metals decreased by 12.1% to $8.7 billion against 2018.