Seaports of Ukraine in June exceeded 1.2 million tons of iron ore

The seaports of Ukraine in June 2024 exceeded 1.2 million tons of iron ore against 0.2 million tons in June 2023. It is reported by the Administration of Seaports of Ukraine (USPA).

The total cargo turnover of Ukrainian seaports for the month reached 7 million tons, which is 1.5 times higher than in June 2023. The leader of cargo handling is grain – 4.4 million tons against 3.4 million tons a year earlier.

«Through the ports of the Danube and the ports of Greater Odessa, 90% of foreign trade goes. Danube ports today export at the level of 1.5-1.3 million tons. The reason is the deblockade of Odessa ports, and the seasonal decline in export volumes, «said the head of the enterprise, Yuriy Litvin.

Cargo turnover through the Ukrainian corridor in June is 5.6 million tons, of which 3.6 million tons are products of Ukrainian farmers.

In total, for 6 months of 2024, the ports of Ukraine overloaded 53 million tons (31.2 million tons in 2023), 6.046 thousand ships were processed.

In May 2024, seaports processed 1.5 million tons of iron ore compared to 241 thousand in May 2023. In total, 8.26 million tons of cargo were processed during the month, which is almost twice as much compared to the same period last year. The largest volume of cargo turnover falls on grain, in second place is iron ore. Cargo turnover through the Ukrainian sea corridor in May of this year amounted to 6.7 million tons, of which 4.5 million tons were products of Ukrainian farmers.

As GMK Center reported earlier, in 2023 Ukrainian ports increased cargo transshipment by 5% y/y – up to 62 million tons, 5.9% of the total cargo turnover was iron ore transshipment – 1.9 million tons. This can be considered the beginning of the recovery of the industry after a difficult 2022, when port cargo turnover collapsed 2.6 times compared to pre-war 2021.

  • Global Market

US trading partners react to doubling of steel tariffs

The doubling of tariffs on steel and aluminum imports to the United States to 50%…

Thursday June 5, 2025
  • Companies

Qarmet plans to invest $3.5 billion in sustainable development over the next 5 years

Qarmet presented a large-scale five-year investment plan worth $3.5 billion during the 15th International Mining…

Thursday June 5, 2025
  • Companies

Voestalpine ends fiscal year 2024/25 with EBITDA of €1.3 billion

Despite the challenging global economic environment, the voestalpine Group ended the 2024/25 financial year (ended…

Thursday June 5, 2025
  • Global Market

Average Brazilian pig iron prices in May fell by $30/t at once

For January-April 2025, average FOB Brazilian pig iron prices increased from $415/t to $450/t, but…

Thursday June 5, 2025
  • Global Market

EUROFER calls for immediate action over 50% US steel duty

The European Steel Association EUROFER is calling on the European Commission to immediately implement the…

Wednesday June 4, 2025
  • Companies

LIBERTY Galați resumes production after a year of downtime

After almost a year of downtime, Romania's largest steel mill, LIBERTY Galați, has resumed production…

Wednesday June 4, 2025