(c) shutterstock.com
In 2021, Ukrainian iron & steel companies exported 44.46 million tons of iron ore, 4.2% down from 2020. At the same time, iron ore export revenues grew by 62.8% to $6.9 billion, according to the customs statistics.
In December 2021, Ukraine exported 3.69 million tons of iron ore, 17.1% up from the same month of 2020. In December, Ukraine’s mining companies decreased iron ore export revenues by 49% to $269.84 million compared to the same period of the previous year.
China remains the major consumer of Ukrainian iron ore. Its share in Ukraine’s exports totaled 41.9% in 2021. The Czech Republic ranked second (9.65%), followed by Poland (7.99%).
As GMK Center reported earlier, in 2020, Ukraine increased iron ore export volumes by 16% to 46.3 million tons against 2019. Iron ore export revenues grew by 24.8% to $4.24 billion.
The major iron ore producers in Ukraine include: Ingulets GOK, Kryvyi Rih Iron Ore Plant, Poltava Mining, Northern GOK, Central GOK, Southern GOK, ArcelorMittal Kryvyi Rih, Sukha Balka GOK and Zaporizhzhia Iron Ore Plant.
The Ukrainian Union of Industrialists and Entrepreneurs (USPP) has appealed to the Cabinet of Ministers…
Steel market participants and industry observers warn that the new EU state aid framework program…
In January-May 2025, Ukrainian steelmakers increased imports of coke and semi-coke (HS 2704) by 39.9%…
In May 2025, US steelmakers shipped 7.51 million net tons of steel, up 1% from…
The European Commission (EC) has selected 94 transport projects to receive nearly €2.8 billion in…
In January-May 2025, 454.68 thousand tons of flat rolled steel were delivered to the Ukrainian…