According to the customs statistics, in July 2021, Ukrainian mining & metals companies increased exports of pig iron by 3.4% to 343.3 thousand tons against July 2020. In monetary terms, exports of pig iron grew by 2.3 times to $202.6 million.
In January–July, Ukrainian steel producers increased revenues from pig iron exports by 80.8% to $925.2 million y-o-y.
In 7M, Ukrainian steelmakers exported 1.82 million tons of pig iron, 1.1% up from January–July 2020.
The main export market for Ukraine’s pig iron is the U.S. (59.6%). The share of Italy in the total exports of Ukrainian pig iron in January–July was 16.7%. Turkey ranked third (11.7%).
As GMK Center reported earlier, in 2020, volumes of Ukraine’s pig iron exports grew by 20.3% to 3.1 million tons against 2019. Revenues from pig iron exports rose by 15% to $922.2 million.
In 2020, Ukraine sold more than a half of its pig iron to the U.S. (58.5%). China ranked second in terms of volumes of imports from Ukraine (21.8%), followed by Turkey (5.9%).
Demand for steel in India in fiscal year 2024/2025 (ending in March 2025) will grow…
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…