Ukraine at the end of 2014 could cut currency income from exports of ferrous metal products (iron ore, pig iron, rolled steel and pipes) by13.6%, to $16.05 billion YoY ($18.57 billion in 2013), and by 14.1% in 2015, to 413.794 billion.

According to expert data, the reduction of currency income was seen due to the decline in exports of metal products and the decrease of prices of metal products on the foreign markets this year. The trend will retain in 2015.

In 2014, it is projected that currency income from exports of iron ore will fall by 12.4%, to $3.251 billion, pig iron – by 9.7%, to $743 million, rolled steel – by 11.7%, $10.965 billion, and pipes – by 32.6%, to $1.09 billion, all YoY.

In 2015 it is expected that currency income from exports of iron ore will drop by 21.5% compared to 2014, to $2.552 billion, pig iron – by 18.6%, to $605 million, rolled steel – by 10.9%, to $9.77 billion, and pipes – by 20.5%, to $867 million. (en.interfax.com.ua/Ukrainian metal)

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