Ukraine’s exports of semi-finished products grew by 28.3% in September

Export revenue fell by 8.5% in nine months

In September, Ukrainian mining & metals companies increased exports of semi-finished products by 28.3% to 627.6 thousand tons against September last year. In monetary terms, exports of semi-finished products grew by 13.8% to $223.6 million, according to the customs statistics.

In January–September 2020, Ukrainian steelmaking companies cut their revenue from exports of semi-finished products by 8.5% to $2.05 billion y-o-y.

In the nine months, Ukrainian steelmakers exported 5.7 million tons of semi-finished products. This is 6.9% up from January–September last year.

The main export markets were Italy (24.5%), Turkey (16.1%), and China (11.6%).

As GMK Center reported earlier, in 2019, exports of semi-finished products from Ukraine 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.