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Ukraine reduced the export of metal products for 2020 in monetary terms by 12%

Ukraine / Ferrous metallurgy
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Steel semi-finished products and scrap metal prevail in the commodity structure of Ukrainian exports of ferrous metallurgy products.

Ukraine reduced the export of metal products for 2020 in monetary terms by 12%

During 2020, 18,514,500 tons of ferrous metals were exported from Ukraine in the amount of 7.69 billion US dollars. Compared to the previous year, there is a slight increase in supplies in physical terms by 0.7%, in monetary terms - a decrease by 11.9%. Exports of scrap metal amounted to 35.9 thousand tons (-15.0%), pig iron - 3 104.8 thousand tons (+ 20.3%) and semi-finished products (square billets, slabs, etc.) - 7 489, 5 thousand tons (+ 6.3%).

Commodity structure of exports: 40.5% - semi-finished products (square billets, slabs), 20.3% - metallurgical raw materials (cast iron, ferroalloys, scrap metal) and 39.2% - rolled steel.

Geographic structure of exports: EU-28 countries (31.0%), Africa (13.0%), European countries (14.5%), CIS (6.5%) and the Middle East (12.0%) %) and others.

Exports of iron ore raw materials in 2020 amounted to 46.2 million tons, which exceeds the volume of external shipments in the same period last year by 16.0%, when 39.9 million tons were exported.

Import of ferrous metals to Ukraine during 2020 decreased by 15.1% (to 1,280.0 thousand tons). Scrap metal imports amounted to 26.4 thousand tons, which is 47.1% less than last year.

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