Ukraine: ferrous metals exports revenues down in January-August 2015
In January-August Ukrainian companies received $5715.03 million for ferrous metals exports, down by 40.3% YoY.
In January-August Ukrainian companies received $5715.03 million for ferrous metals exports, down by 40.3% YoY.
In January-June Ukrainian companies exported 10.2 million tons of ferrous metals worth $4.2 billion, up by 26.7% and down by 42.1% YoY respectively.
The President of the Ukrainian analytical center Alexander Okhrimenko says the fall at the Chinese stock exchange will affect Ukrainian metal export revenues.
In January-June Donetsk region (without the Anti-terrorist operation zone) exported $1840.5 million worth of products, down 2.8 times YoY.
In January-July Ukrainian companies exported $5062.89 million worth of ferrous metals, down by 41% YoY ($8580.41 million).
The steel production by Ukraine dropped considerably due to the ongoing political instability in the region. More importantly, imports and exports of scrap metals declined during the first half of the current year.
In January-May export share of the Zaporozhye region companies into EU increased. Zaporozhye share reached 29.7% of the total export volumes.
In January-June Ukrainian metal companies exported $4296.49 million worth of ferrous metals, down by 41.2% YoY ($7308.32 million).