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Metallurgical enterprises of Ukraine increased earnings from the export of ferrous metals by 8%

Ukraine / Ferrous metallurgy
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In the first two months of 2021, Ukrainian metallurgists sold metal products worth $ 1.5 billion for export.

Metallurgical enterprises of Ukraine increased earnings from the export of ferrous metals by 8%

Metallurgical enterprises of Ukraine in January-February of this year increased revenues from the export of ferrous metals, according to preliminary data, by 8% compared to the same period last year - up to $ 1.5 billion.

According to summarized statistics released by the State Customs Service (GTS), in February, receipts from the export of ferrous metals amounted to $ 764.82 million. At the same time, Ukraine in January-February-2021 reduced imports of similar products by 13% - to $ 121.5 million. In February, the figure was $ 63.8 million.

In addition, in the first two months of 2021, Ukraine has increased the export of metal products by 9% - up to 138.68 million dollars. In February, their exports amounted to $ 77.21 million. During this period, the import of metal products increased by 1.5% to $ 125.31 million. In February, they were imported for 72.5 million dollars.

According to preliminary data from Ukrmetallurgprom, for two months in 2021, the following was produced in Ukraine:

  • pig iron 3.51 million tons (104.5% compared to January-February 2020),
  • steel 3.51 million tons (98.9%),
  • rolled products 3.16 million tons (100.5%).

As reported, metallurgical enterprises of Ukraine in 2020 reduced revenues from the export of ferrous metals by 12% compared to the previous year - to $ 7.690.378 billion. At the same time, Ukraine in 2020 reduced imports of similar products by 17% - to 1 billion 39.742 million dollars. In addition, Ukraine in 2020 reduced the export of metal products by 13.2% - to $ 904.533 million. Over the year, imports of metal products decreased by 20% - to $ 879.687 million.

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