Revenue of steelmakers from exports of ferrous metals fell by 17.5% in April

In the first four months, export revenues decreased by 15.5%

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.