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Ukraine increased pig iron exports in September

Ukraine increased pig iron exports by 44% m-o-m in September.

Ukraine increased pig iron exports in September

Ukrainian metallurgical companies at the end of September 2024 increased exports of commercial pig iron by 43.6% compared to the previous month - up to 114.15 thousand tons. Compared to the same month of 2023, the indicator decreased by 9.3%.

In September, growth in shipments was observed to all key consumers. In particular, to the USA - increased by 50.8% m-o-m, up to 74.7 thousand tons, to Italy - by 33.4% m-o-m, up to 20.36 thousand tons, and to Poland - by 117.3% m-o-m, up to 8.78 thousand tons. There were no exports to Türkiye in September.

In January-September this year, pig iron shipments abroad totaled 863.61 thousand tons, down 18.5% m-o-m from the same period in 2023. During this period, 575.91 thousand tons of relevant products were sent to the USA, 72.46 thousand tons to Türkiye, 93.28 thousand tons to Italy and 46.95 thousand tons to Poland.

Revenue from pig iron exports for January-September 2024 decreased by 18.4% y-o-y to $331.42 mn compared to the same period in 2023. In September, it amounted to $44.98 mln, which is 9.4% less y-o-y and 38.3% more m-o-m.

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