Ukraine increased exports of semi-finished products by 6.3% in 2020

In 2020, Ukrainian steelmakers increased exports of semi-finished products by 6.3% to 7.49 million tons compared to 2019. While export revenues fell by 3.8% to $2.75 billion, according to the customs statistics.

In December 2020, Ukrainian steel producers increased revenues from exports of semi-finished products by 38.8% to $240 million compared to December 2019.

In the same period, steelmaking companies exported 577.6 thousand tons of semi-finished products, 16% up from December 2019.

The main export markets for Ukrainian semi-finished products were Italy (26.3%), Turkey (16.7%), and China (8.6%).

As GMK Center reported earlier, in 2019, Ukraine’s revenues from exports of semi-finished products dropped by 4.8% to $2.9 billion against 2018. Conversely, exports of semi-finished products in physical terms grew by 12% to 7.47 million tons.

  • Infrastructure

The regulator has approved an increase in Ukrenergo’s tariff for dispatch services

The National Commission for State Regulation of Energy and Public Utilities (NKREKP) has approved an…

Tuesday June 30, 2026
  • Companies

Volkswagen plans to cut 100,000 jobs and close factories

Volkswagen, Europe’s largest car manufacturer, is considering the biggest restructuring in its history, including doubling…

Tuesday June 30, 2026
  • Industry

Ukrainian businesses reduced energy consumption by 41.5% compared with 2021 last year

The full-scale war continues to exert unprecedented pressure on Ukraine’s industrial sector and business activity.…

Tuesday June 30, 2026
  • Global Market

South African exporters are preparing for EU restrictions on steel imports

South African steel exporters are preparing for potential disruptions to trade flows with the European…

Tuesday June 30, 2026
  • Global Market

The EC has published the quotas under the new steel safeguard measures

The European Commission has published an implementing regulation setting out the allocation of steel import…

Tuesday June 30, 2026
  • Global Market

Nucor has left HRC price unchanged for the first time since January

The American steel producer Nucor has left its spot price (CSP) for hot-rolled coils unchanged…

Tuesday June 30, 2026