In August 2020, Ukrainian mining & metals companies’ exports of ferroalloys shrank by 63.4% to 27.6 thousand tons against August last year. In monetary terms, exports fell by 61.4% to $32.1 million, according to the customs statistics.
In eight months, Ukrainian steelmaking companies cut their revenue from exports of ferroalloys by 28.4% to $478.02 million compared to the same period of 2019.
In January–August, Ukrainian metals companies exported 444.8 thousand tons of products. This is 26.9% down from the same period a year earlier.
The share of ferroalloys in the total volume of Ukraine’s foreign trade amounted to 1.5%.
The main export markets were the Netherlands (25.29%), Turkey (13.69%), and Italy (11.88%).
As GMK Center reported earlier, in physical terms, Ukraine’s exports of ferroalloys in 2019 declined by 7.8% to 833.6 thousand tons against 2018. In monetary terms, exports of ferroalloys dropped by 6.9% to $910.2 million.
Ferroalloys in Ukraine are produced by Nikopol ferroalloy plant, Zaporizhzhia ferroalloy plant, Pobuzhsky ferronickel plant, Kramatorsk ferroalloy plant, Pokrov Mining and Processing Plant, Marganets Mining and Processing Plant and Energostal.
Global decarbonization is turning electrical steel into one of the key products of China's ferrous…
The United Arab Emirates (UAE) and Oman have signed an investment agreement worth AED 117…
In January-February 2024, Germany increased its imports of rolled steel products from third countries by…
Belgian steelmakers reduced steel production by 5.7% in March 2024 compared to March 2023, to…
In 2023 Ferrexpo, the London listed iron ore company with assets in Ukraine, emitted 384…
In 2023 Ferrexpo, the London listed iron ore company with assets in Ukraine, recorded zero…