The Ukrainian Metal

Ukraine: ferroalloy works losing domestic market

Ferroalloy works continue losing the Ukrainian market due to downtime, sharp growth of imports and a drastic drop in exports.

Thus, in January-May, ferroalloys exports fell 38.4-fold, to 6.67 thousand tons valued at $9.552 million, down 23.4-fold.

The main export markets were Poland (43.22% in monetary terms), Romania (35.49%) and Moldova (5.32%).

Over 5 months, Ukraine imported 48.225 thousand tons of ferroalloys valued at $78.315 million, up 16.2-fold and 5.5-fold YoY respectively.

The main suppliers were Poland (45.74%), Kazakhstan (13.71%) and Norway (12.91%). (Ukrainian metal)

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