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The growth of foreign exchange earnings from steel exports from Ukraine in four months amounted to 38.6%

Ukraine / Ferrous metallurgy
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Exports of scrap metal and semi-finished steel products grew the most. At the same time, the export of pig iron and iron ore decreased.

The growth of foreign exchange earnings from steel exports from Ukraine in four months amounted to 38.6%
Фото: Перевалка горячекатаного рулона в Мариупольском порту

During January-April 2021, 6.56 million tons of ferrous metals were exported from Ukraine in the amount of 3.72 billion US dollars. Compared to the previous year, there is an increase in export supplies in physical terms by 4.1%, in monetary terms - an increase in foreign exchange earnings by 38.6%.

Exports of scrap metal amounted to 87.0 thousand tons (significant growth), pig iron - 954.3 thousand tons (-0.6%) and semi-finished products (square billets, slabs, etc.) - 2,576.0 thousand tons (+ 0.5%).

Commodity structure of exports: 39.3% - semi-finished products (square billets, slabs), 19.0% - metallurgical raw materials (cast iron, ferroalloys, scrap metal) and 41.7% - 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 January-April 2021 amounted to 14.2 million tons, which is 0.8% less than export volumes in the same period of the previous year, when 15.4 million tons were exported.

Imports of ferrous metals in Ukraine during 4 months of 2021 decreased by 12.9% (to 313.0 thousand tons). Scrap metal imports amounted to 7.8 thousand tons, which is 38.1% more than last year.

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