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Exports of pig iron from Ukraine in 2024 reached 1.29 million tons

Exports of pig iron from Ukraine in 2024 reached 1.29 million tons

 

Ukrainian metallurgical companies increased their exports of pig iron by 3.4% compared to 2023 - from 1.25 million tons to 1.29 million tons in 2024. At the same time, in 2022, exports amounted to 1.32 million tons, and in 2021 - 3.23 million tons. This is evidenced by GMK Center calculations based on data from the State Customs Service.During the year, export destinations diversified. In particular, the main consumer of Ukrainian pig iron became the USA, mainly due to the restoration of sea logistics for Ukrainian cargoes of MMC.

 

At the same time, exports to the EU decreased due to market stagnation.Thus, shipments to the USA in 2024 reached 940.21 thousand tons compared to 153.03 thousand tons. tons in 2023 (+514% y/y), to Turkey – 102.49 thousand tons (+617%), Italy – 93.28 thousand tons (+61.9%), Poland – 63.05 thousand tons (-90%). In 2023, Poland consumed more than half of Ukrainian pig iron exports (633.34 thousand tons), while in 2024 only 5%.

 

Source: https://gmk.center/ua/news/eksport-chavunu-z-ukraini-u-2024-roci-syagnuv-1-29-mln-t/