In the first quarter of 2014 ferrous metal exports decreased by 4.5%, to $3.4 billion, while import dropped by 28.7%, to $324.5 million, YoY.
Physical volumes remained on the last year level.
The major part of export in the first quarter were the semi-finished products – $1.3 billion, down by 2.1% YoY, while flats dominated the import – $184.3 million, down by 31.4% YoY.
In the first quarter metal raw materials exports increased by 33.7%, to $495.5 million, while long rolled products export fell almost by a third – to $651.9 million.
Ferrous metals exports to Russia, which accounted for a 12% share in the total volume of deliveries, in the first quarter of 2014 fell by 31.1%, to 565 thousand tons.
In 2013 Ukraine decreased ferrous metals exports by 6.4%, to $14.3 billion, YoY, while their share in the total export volumes constituted 22.6%. Ferrous metals imports decreased by 3.1%, to $2.23 billion in 2013. (Ukrainian metal)