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18
January
2023

Ukraine reduces export of steel semi-finished products by 72% in 2022

KYIV. Jan 18 (Interfax-Ukraine) – Ukraine in 2022 reduced the export of semi-finished products from carbon steel in quantity terms by 72% compared to the previous year, to 1.900 million tonnes.

According to statistics released by the State Customs Service, in monetary terms, the export of semi-finished products from carbon steel over this period decreased by 70.9%, to $1.191 billion.

The products were exported mainly to Bulgaria (26.55% of supplies in monetary terms), Poland (13.97%) and Italy (12.13%).

In addition, Ukraine imported 5,558 tonnes of similar products in 2022, which is 85.7% less than in 2021. In monetary terms, imports decreased by 86%, to $3.634 million.

The products were imported mainly from the Russian Federation (96.92% of supplies – before the war), China (1.84%) and Romania (1.21%).