Pig iron exports from Ukraine increased in January-May

According to the statistics of the Ukrainian customs, in the first five months of this year, Ukraine exported about 1.25 million tons of pig iron, which is 4.1% more than for the same period a year ago. Export value rose 70.8% year-on-year to about USD 600 million, boosted by rising prices in the global market.
Among them, the value of exports to the United States amounted to 59.4% of the total, to Turkey – 13.8% and to Italy – 11.8%.
In May alone, pig iron exports from Ukraine amounted to about 242,000 tons, an increase of almost 23% year on year. The export value amounted to USD 157.2 million, which is 2.4 times more than in the same period last year.

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