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Ferroalloy exports grew by 35% at the beginning of 2025

Ferroalloy exports grew by 35% at the beginning of 2025

 

In January-February of this year, Ukraine increased its exports of ferroalloys in physical terms by 35.5 times compared to the same period last year - to 19,170 thousand tons from 540 tons. This was reported by the Ministry of Industry, writes agronews.ua.According to statistics published by the State Customs Service (SMS) on Tuesday, in monetary terms, exports of ferroalloys increased by 11 times - to $19.775 million.At the same time, the main exports were carried out to Algeria (32.16% of deliveries in monetary terms), Poland (25.61%) and Italy (18.92%).In addition, in 2 months of 2025, Ukraine imported 7,962 thousand. tons of this product - a decrease of 53.5% compared to January-February 2024. In monetary terms, imports fell by 49.8% - to $14.210 million.Imports were carried out mainly from Norway (32.25%), Kazakhstan (16.80%) and Armenia (7.62%).As reported, Pokrovsky Mining and Processing Plant (PGZK, previously Ordzhonikidzevsk Mining and Processing Plant) and Marganets Mining and Processing Plant (MGZK, both - Dnipropetrovsk region), which are part of the Privat group, in late October - early November 2023 stopped the extraction and processing of raw manganese ore, and NZF and ZZF stopped the smelting of ferroalloys. In the summer of 2024, ferroalloy plants resumed production at a minimum level.In 2024, Ukraine reduced its exports of ferroalloys in physical terms by 4.45 times compared to 2023 - to 77,316 thousand tons from 344,173 thousand tons, in monetary terms, exports decreased by 3.4 times - to $88,631 million from $297,595 million. At the same time, the main exports were carried out to Poland (27.40% of deliveries in monetary terms), Turkey (21.53%) and Italy (19.82%).In addition, last year, Ukraine imported 82,259 thousand tons of this product compared to 14,203 thousand tons in 2023 (an increase of 5.8 times). In monetary terms, imports increased by 3.3 times - to $140,752 million from $42,927 million. Imports were mainly from Poland (32.71%), Norway (19.55%) and Kazakhstan (13.90%).

SOURCE: https://agronews.ua/news/eksport-ferosplaviv-zris-u-35-r-na-pochatku-2025-r/