In January-August, Ukraine increased iron ore exports 2.1-fold YoY, to 23.32 million tons. According to the State Customs Service, revenue amounted to $2.03 billion, up by 72.1%, and in August – $201.4 million (-12.1% MoM and +39.5% YoY). (Ukrainian metal)
In January-August, Ukraine decreased pig iron exports by 19.8% YoY, to 749.454 thousand tons. According to the State Customs Service, revenue fell by 19.6%, to $286.447 million. Most pig iron was exported to the USA (66.28% in monetary terms), followed by Italy (10.03%) and Turkiye (9.85%). Over 8 months Ukraine imported 15 tons of pig…
In January-August, Ukraine increased ferrous metals imports by 18.3% YoY, to $1.011 billion. In August, imports amounted to $136.48 million. Metal wares exports decreased by 2.8% over 8 months, to $643.227 million, with $85,533 million exported in August. Imports grew by 35.2%, to $697.07 million ($84.99 million in August). (Ukrainian metal)
Ingulets Mining and Processing Works is not operating due to high electricity prices. “With the current prices for electricity I don’t understand how ferroalloy plants can operate. This is also a problem for us. For example, InGOK hasn’t been operating for several months because of high logistics and electricity prices,” Metinvest CEO Yuriy Ryzhenkov said.…