Ukrainian Railways transported 2.64 million tons of iron ore for export in June

Transportation of ferrous metals for the month amounted to 440,000 tons

In June 2024, Ukrainian Railways (UZ) reduced the transportation of iron and manganese ore by 2.2% compared to the previous month to 2.64 million tons. The figure increased by 85.1% compared to June 2023. This was reported to GMK Center by the press service of the railway operator.

Seaports transported 1.377 million tons of raw materials, or 52% of iron ore exports. The volume of land crossings was 1.266 million tons (48%).

In May, ferrous metals exports amounted to 440 thousand tons, up 6.1% month-on-month and 16% compared to June 2023.

In total, in June 2024, UZ transported 14.69 million tons of cargo, which is 6.3% less than in June, but 17.8% more than in June.

In export traffic, 6.8 million tons of cargo were transported during the month, which is 10% less than in the previous month and 70.6% more than in the previous year. In the structure of export transportation, iron ore ranks first – 39% of the total volume of cargo handled. Grain is in second place – 2.56 million tons (38%), and construction materials are in third place – 453 thousand tons (7%).

In January-June 2024, export transportation of iron ore amounted to 17.87 million tons (+2 times y/y), grain – 18.73 million tons (+43.3% y/y), ferrous metals – 2.46 million tons (+6% y/y). In total, UZ transported 90.26 million tons of cargo over the period, up 28% y/y. The company transported 44.77 million tons of cargo for export (+58.7% y/y).

As a reminder, 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.