Ukraine’s exports of pig iron in May dropped by 18.3%

Ukraine’s exports of pig iron in May dropped by 18.3%, down to $61.7 million, compared to the previous month.

According to the consolidated customs statistics posted on the website of the State Fiscal Service of Ukraine, the volume of pig iron export shrank by 17.1%, down to 189.4 thousand tons, compared to April.

Over the first five months, Ukraine exported 1.05 million tons of pig iron worth $343.1 million.

The share of pig iron in the volume of Ukraine’s foreign trade was 1.64%.

In January to May, the U.S. was the largest importer of Ukraine’s pig iron (59%). It was followed by Italy (10.6%) and Turkey (8.7%).

As reported earlier, exports of pig iron from Ukraine almost doubled in April, up to $75.52 million compared with a 24.6% fall, down to $71.6 million, in February.