According to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in 2011 Ukraine's exports of steel products increased by 1.7 percent year on year to 24.138 million mt. In December alone, Ukraine's steel product exports increased by 12.5 percent compared to November, rising to 2.258 million mt.
In 2011, Ukraine registered a 9.8 percent increase year on year in its steel product imports to 1.843 million mt. In December alone, Ukraine's steel product imports decreased by 7.8 percent compared to November, dropping to 153,000 mt.