Ukrainian Railways transported 2.63 million tons of iron ore for export in April

Transportation of ferrous metals for the month amounted to 411,000 tons

In April 2024, Ukrainian Railways JSC (UZ) reduced the transportation of iron and manganese ore by 26.5% compared to the previous month, to 2.63 million tons. The figure increased by 2 times compared to April 2023. This was reported to GMK Center by the press service of the railway operator.

The company transported 1.4 million tons of raw materials to seaports, or 53.3% of total iron ore exports. The volume of land crossings was 1.228 million tons (46.7%).

In April, ferrous metals exports amounted to 411 thousand tons, up 11.9% month-on-month, and equal to April 2023.

In total, in April 2024, UZ transported 15.21 million tons of cargo, which is 5% less than in April and 28.9% more than in April 2023. Monthly transportation volumes decreased for the first time since October last year.

In export traffic, 7.03 million tons of cargo were transported during the month, which is 13.5% less than in the previous month and 43.5% more than in the previous year. Grain is the top export cargo in the structure of export transportation, with 2.98 million tons (42.4%). Iron ore is in second place (37.4%), and ferrous metals are in the third place (5.8%).

In January-April 2024, export transportation of iron ore amounted to 12.52 million tons (+2.1 times y/y), grain – 12.89 million tons (+22.8% y/y), ferrous metals – 1.6 million tons (+9.1% y/y). In total, UZ transported 59.9 million tons of cargo over the period, up 28.7% y/y. The company shipped 30.42 million tons of cargo for export (+48.8% y–y).

As GMK Center reported earlier, in 2023, Ukrainian Railways transported 148.4 million tons of cargo, down 1.5%, or 2.2 million tons, compared to 2022. The transportation of iron ore decreased by 13.2% y/y – to 27.5 million tons, ferrous metals – by 10.6% y/y, to 8.2 million tons, and grain – by 5.9% y/y, to 30.6 million tons.