Ukraine in January-April this year increased exports of processed pig iron in physical terms by 37.4% year-on-year to 574,057,000 tonnes from 417,941,000 tonnes.
According to statistics released by the State Customs Service (SCS) on Tuesday, pig iron exports in monetary terms rose 46% to $226.282 million over the period.
Exports were mainly to the United States (83.05 per cent of shipments in monetary terms), Italy (11.34 per cent) and Poland (2.7 per cent).
In the first four months of the year, the country imported 29,000 tonnes worth $55,000 from Brazil (68.52%) and Germany (31.48%), compared to 15 tonnes of pig iron worth $35,000 imported in January-April 2024.
As reported, the United States from 12 March this year according to the decision of President Donald Trump began to charge 25% duties on imports of Ukrainian steel products, except pig iron.
Ukraine in 2024 reduced exports of processed pig iron in physical terms by 3.4% compared to 2023 – to 1 million 290.622 thousand tonnes, in monetary terms by 6.1% – to $500.341 million. Exports were carried out mainly to the United States (72.64% of supplies in monetary terms), Turkey (8.03%) and Italy (7.30%).
For the full year 2024, the country imported 38 tonnes of pig iron worth $90k from Germany, while it imported 154 tonnes of pig iron worth $156k in the same period of 2023.