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Ukraine's flat rolled product exports increase 3.4 times in Q1 2024

In January-March 2024, Ukrainian steel companies exported 419,4 thousand tonnes of flat-rolled products, which is 3,4 times more than last year. Revenue during this period increased 3,1 times to 252,3 million dollars.

Ukraine's flat rolled product exports increase 3.4 times in Q1 2024

According to the State Customs Service, in March 2024, Ukraine's exports of flat-rolled products increased by 8,2% compared to the previous month and amounted to 148,18 thousand tonnes. Compared to March 2023, this figure increased 2,5 times. March export revenue increased by 17,1% compared to February and 2,5 times compared to the same period of the previous year and reached 94,8 million dollars.

In the January-March period, uncoated hot rolled flat products were the most demanded product with 347,22 thousand tonnes exported for 201,9 million dollars, while Poland (44,4%) and Bulgaria (22,5%) were the biggest consumers on a monetary basis.

In addition, 55,23 thousand tonnes of uncoated cold-rolled flat products worth 33,78 million dollars were exported, while Poland (35,5%) and Bulgaria (12,3%) consumed more than 50% of this product type with their shares.

However, exports of flat rolled products with galvanic or other coatings fell by 39,6% in March compared to the previous month, to 4,27 thousand tonnes. This led to a 34,8% drop in revenue from shipments, which totalled 4,42 million dollars. In January-March, a total of 16,51 thousand tonnes of such rolled product were exported for 16,11 million dollars.

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SteelRadar Insight - Sayı 1 (Haziran 2024)

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