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Ukraine’s exports of semi-finished steel products increased by 61.6% in H1 of 2024

In June, Ukraine’s exports of semi-finished steel products amounted to 119.81 thousand tons, down 35.2% compared to June 2023 and 18% more than the previous month, according to data from the State Customs Service.

The volume in June is the lowest since March of this year, when Ukrainian steel companies exported 86.99 thousand tons of semi-finished products.

In general, the average monthly exports in 2024 reached about 148 thousand tons, compared to 91.6 thousand tons in the period from January to June 2023.

In the period from January to June 2024, Ukraine’s exports of semi-finished steel products amounted to 888.02 thousand tons, an increase of 61.6% compared to the same period in 2023.

The main export destinations for semi-finished steel products from Ukraine during the first half of 2024 were Bulgaria with a volume of 308.03 thousand and 31.63 thousand tons in the month of June, Poland with a volume of 96.95 thousand tons and 8.2 thousand tons in the month of June, and Italy with a volume of 74.1 thousand tons, not exported in June.

In 2023, Ukraine’s exports of semi-finished steel products fell by 36.7% compared to 2022, reaching 1.203 million tons.

Compared to the pre-war year 2021, exports of semi-finished steel products decreased by 82.2%, compared to 2021 exports of 5.57 million tons.

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