ferrous metals - Latest news GMK Center

The iron and manganese ore shipments fell by 45%, while that of ferrous steel fell by 55%

The €180/tonne duty failed to completely curb raw material exports, so the government and industry associations proposed a new solution

The export of steel products has been gradually decreasing since the beginning of the year, in particular, due to the lack of personnel and problems with energy supply

In February, revenues amounted to $248.44 million

Ferrous metals accounted for 8.1% of the total volume of export earnings for the month

Railway transportation of iron ore for export decreased by 17% m/m

Iron ore transshipment in the port of Riga decreased by 56.5% y/y in 4 months

Steel production for the month increased by 8.9% m/m, and pig iron – by 16.7% m/m

The share of iron and manganese ores in the structure of UZ export transportation in the month was 34%

Steel production increased by 24.3% m/m, and pig iron – by 32% m/m

The share of iron and manganese ores in the structure of UZ export transportation was 32.1%

During the month, steel production increased by 49.3% m/m, while pig iron production decreased by 8.1% m/m