In January-April, Ukraine increased iron ore raw materials exports 2.1-fold YoY, to 11.028 million tons. According to the State Customs Service, revenue grew 4.1-fold, to $2.409 billion. In Q1, exports amounted to 9.004 million tons valued at $863.315 million. The main customer was China (43.03% in monetary terms), followed by Slovakia (16.29%) and Poland (13.67%).…
In April, Ukraine exported 3.41 million tons of iron ore, up by 2% MoM and 2-fold YoY. Revenue totaled $265.23 million, down by 14.6% MoM, but up by 41.3% YoY. In January-April, Ukraine exported 12.41 million tons of ore, up 2.3-fold. Export revenue grew by 90.8%, to $1.13 billion. Most ore was shipped to China…
The National Association of Mining Industry of Ukraine has called on the European Union to take active measures to stop importing Russian iron ore products and ferrous metals. In 2023, Russia sold EUR 3 billion worth of iron ore and ferrous metals. “We sent letters to the European Commission President, Minister of Foreign Affairs of…
In February, Ukraine exported 1.06 million tons of iron ore to the EU, down by 21.7% MoM and by 0.5% YoY. Revenue fell by 22.5% MoM, but grew by 12% YoY, to EUR 129.31 million. The main customers were Slovakia (479.5 thousand tons, +15% YoY), the Czech Republic (135.52 thousand tons, -50.1%), Poland (300.4 thousand…
In January-March, Ukraine exported 9.004 million tons of iron ore raw materials, up 2.5-fold YoY. According to the State Customs Service, revenue grew 2.1-fold, to $863.31 million. Exports went to China (43.02% in monetary terms), Slovakia (17.02%) and Poland (12.41%). In Q1, Ukraine imported 245 tons of iron ore raw materials valued at $67 thousand,…
In January, Ukraine exported 1.358 million tons of iron ore to the EU, up by 29.3% MoM and by 27.4% YoY. Revenue grew by 21.3% MoM and by 14.6%, to EUR 63.83 million. Slovakia was the main customer, importing 513.89 thousand tons (+47.5% YoY), followed by the Czech Republic (308.03 thousand tons, -25.8%), Poland (253.8…
In 2023, the European Union decreased iron ore imports from third countries by 11% YoY, to 72.75 million tons. Imports have been decreasing for the second year in a row. Thus, in 2022, imports amounted to 81.72 million tons, down by 12.7%, while in 2021 – 93.58 million tons, up by 20.2%. Ukraine was the…
Provided the sea corridor operates stably, in the first quarter of 2024 iron ore exports could reach 2-3 million tons per year. “That is for all Ukrainian manufacturers. Before the full-scale Russian invasion, Metinvest alone exported 2 million tons of iron ore per month. Yet, there is a potential to expand other exports – metals,…
