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The volumes of exports to foreign iron ore markets decreased by 1.8%

According to the customs statistics of the State Tax Service, exports of ores and iron ore concentrates from Ukraine decreased by 2.4% to USD 400 million in September compared to August.

In physical terms, the volumes of iron ore exports also shrank by 1.8% to 3.2 million tons. In January to September, Ukrainian exports totaled 30.4 million tons of raw material worth USD 2.8 billion.

The share of iron ore in the total volume of Ukraine’s exports amounted to 7.48%. Ukrainian companies sold more than half of the iron ore to China (32.44%), Poland (12.22%) and Czech Republic (9.81%).

As reported earlier, exports of iron ore and iron ore concentrates from Ukraine grew in monetary terms by 4% to USD 409.9 million and in physical terms by 11.4% to 3.9 million tons in August compared to July.

The key iron ore producers in Ukraine include: Sukha Balka GOK (Mining and Processing Plant), Zaporizhzhia Iron Ore Plant, Ingulets GOK, Kryvyi Rih Iron Ore Plant, Poltava Mining, Northern GOK Ukrmekhanobr Scientific and Production Company, Central GOK, Southern GOK, ArcelorMittal Kryvyi Rih, Ilyich Iron and Steel Works of Mariupol.