In January-June, Ukraine exported 1.4 million tons of semi-finished products

In January-June 2022, Ukrainian steel plants reduced the export of semi-finished products by 60.8% compared to the same period in 2021, to 1.43 million tons, according to the State Customs Service data.

Over the first half of the year, Ukrainian steelmakers reduced their revenue from the export of semi-finished products by 54.1%, to $900.84 million.

The biggest importer of semi-finished products from Ukraine was Bulgaria (21.38% of supplies in monetary terms). In second place was Italy (15.59%), and in third – Turkey (11.87%).

In addition, for 6 months Ukraine imported 5.52 thousand tons of semi-finished products. This is 47.2% less compared to January-June 2021. In monetary terms, the import of semi-finished products decreased by 45.2%, to $3.53 million. Imports were carried out from the Russian Federation (99.72% of supplies), China (0.25%) and Belgium (0.03%).

Earlier GMK Center reported, that at the end of 2021 export of semi-finished products from Ukraine decreased by 9.5% compared to 2020, to 6.8 million tons. In monetary terms, exports grew by 48.8%, to $4.1 billion.

The biggest importers of Ukrainian semi-finished products for the year were Italy (30.9%), Turkey (12.8%) and the Dominican Republic (8%).

Share
Published by
ilona makedon
Tags: semi-finished products Ukraine’s iron and steel industry
  • Industry

China to support a series of low-carbon demonstration projects

China's National Development and Reform Commission (NDRC) has identified the first list of low-carbon demonstration…

Monday May 6, 2024
  • Global Market

Steel demand in India to grow by 8-10% in FY2024/2025 – Tata Steel CEO

Demand for steel in India in fiscal year 2024/2025 (ending in March 2025) will grow…

Monday May 6, 2024
  • Global Market

Electrical steel becomes a key product in China’s steel industry

Global decarbonization is turning electrical steel into one of the key products of China's ferrous…

Friday May 3, 2024
  • Global Market

UAE and Oman agree on a $32 billion green megaproject

The United Arab Emirates (UAE) and Oman have signed an investment agreement worth AED 117…

Friday May 3, 2024
  • Global Market

Germany imported 155 thousand tons of steel from third countries in January-February

In January-February 2024, Germany increased its imports of rolled steel products from third countries by…

Thursday May 2, 2024
  • Global Market

Belgium reduced steel production by 5.7% y/y in March

Belgian steelmakers reduced steel production by 5.7% in March 2024 compared to March 2023, to…

Thursday May 2, 2024