Ukrainian Railways transferred over 6.5 million tons of ore to Slovakia in January-September

In 9 months of 2024, Ukrainian Railways (UZ) transferred more than 6.5 million tons of iron ore to Slovakia, which is 16% less compared to the same period last year. This is reported by Rail.Insider with reference to a meeting of UZ representatives with Slovak carriers.

In general, in January-September, almost 8.3 million tons of cargo were transferred through the Ukrainian-Slovak rail border crossings, which is 14% less compared to January-September 2023.

Over the past nine months, 4.51 million tons of cargo was transferred through the Chop-Cierna crossing over Tisou (-15% y/y), and 3.78 million tons of cargo (-13% y/y) through the Uzhhorod-Matevtsi crossing.

The top five cargoes with the largest volume of transportation, except for iron ore, were

  • grain and milling products — 662 thousand tons (–33% y/y),
  • hard coal — 259,000 tons (+41%)
  • construction materials — 209,000 tons (+19%)
  • petroleum products — 137,000 tons (+5%).

As GMK Center reported earlier, in September 2024, Ukrainian Railways increased iron ore exports by 1.7% compared to the previous month to 2.361 million tons. The figure is up 62.5% compared to September 2023. In January-September, export transportation of iron ore amounted to 25.19 million tons (+2 times y/y).

In 2023, UZ reduced the transportation of iron ore by 13.2% y/y – to 27.5 million tons, and ferrous metals by 10.6% y/y – to 8.2 million tons. At the same time, grain transportation increased by 5.9% y/y – to 30.6 million tons. In total, 148.4 million tons of cargo were transported in the period under review, down 1.5%, or 2.2 million tons, compared to 2022.

  • Global Market

Middle East billet producers suffer losses due to falling demand

In the first half of April, bids for commercial billets in the Gulf Council countries…

Saturday April 19, 2025
  • Infrastructure

China will continue to build coal-fired power plants until 2027

China plans to continue building coal-fired power plants until 2027 in regions where they are…

Saturday April 19, 2025
  • Global Market

Italy reduced rolled steel exports by 12% y/y in January

In January 2025, Italian steel enterprises reduced exports of rolled steel products to third countries…

Saturday April 19, 2025
  • Companies

Emsteel increased spending on innovation and investment by 127% in 2020-2024

Emsteel, one of the largest publicly traded steel and building materials producers in the Gulf…

Saturday April 19, 2025
  • Companies

Ferrexpo maintains capital expenditures at $102 mln in 2024

In 2024 capital expenditures of Ferrexpo, the London-listed iron ore producer with operations in Ukraine,…

Friday April 18, 2025
  • Global Market

European prices for hot rolled coils increased in the first half of April

Prices for hot-rolled coils in the Nordic region rose by €10/t in the first half…

Friday April 18, 2025