Ukraine’s iron ore exports up 11.9% in Jan-May despite drop in May

Wednesday, 10 June 2020 17:05:49 (GMT+3)   |   Istanbul

According to the official statistics, in the January-May period this year Ukrainian steel mills exported 18.9 million mt of iron ore, up 11.9 percent year on year. In terms of value, Ukraine’s iron ore exports in the given period rose by 5.7 percent year on year to $1.51 billion, SteelOrbis has learned. China remained the key destination in the period in question accounting for a 58.06 percent share of the total value of Ukrainian iron ore exports. Meanwhile, Poland and the Czech Republic accounted for 10.07 percent and 6.9 percent, respectively.

It is noteworthy that in May alone Ukraine’s iron ore export shipments declined by 17.7 percent year on year and by 19.6 percent month on month to 3.4 million mt.


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