(c) shutterstock.com
In May 2021, Ukrainian steel producers reduced their exports of semi-finished products by 7.9% to 522.5 thousand tons against May 2020. At the same time, in monetary terms revenues hiked by 66.2% to $301.7 million, according to the customs statistics.
In January–May 2021, Ukraine’s steelmaking companies increased revenues from semi-finished products exports by 39.4% to $1.6 billion compared to January–May 2020.
In 5M, Ukrainian steelmakers exported 3.06 million tons of semi-finished products. It is 0.9% down from January–May of the previous year.
The main consumers of Ukrainian semi-finished products were Italy (29.5%), Turkey (22.1%), and the Dominican Republic (9.7%).
As GMK Center reported earlier, in 2020, volumes of Ukraine’s exports of semi-finished products grew by 6.3% to 7.49 million tons against 2019. Conversely, revenues from exports of semi-finished products fell by 3.8% to $2.75 billion.
In FY2024/2025, India increased production of iron ore pellets to 105 million tons, up 5%…
Ingulets Mining and Processing Plant (Ingulets GOK), a part of Metinvest Group, continues to be…
In January-February 2025, EU companies specializing in ferrous scrap operations reduced their exports of raw…
The British Trade Remedies Authority (TRA) has recommended introducing restrictions on the share of total…
Following the announcement of disastrous annual results, Japanese automaker Nissan Motor Co will close seven…
In January-April 2025, Ukraine's mining industry reduced iron ore exports by 10.2% compared to the…