9,031.82 TRY BIST 100 BIST 100
4.79 CNY CNY CNY
34.51 USD USD USD
36.34 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.50 TRY Interest Interest
72.97 USD Fossil Oil Fossil Oil
31.21 USD Silver Silver
31.21 USD Copper Copper
99.42 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,945.15 TRY Gold (gr) Gold (gr)

Türkiye is the leading exporter of long steel products to Ukraine

In May 2024, Ukraine imported 17.4 thousand tonnes of long steel products, up 30.8% from the previous month and 21.6% from the same month last year. Türkiye remained the main supplier of these products.

Türkiye is the leading exporter of long steel products to Ukraine

According to the State Customs Service of Ukraine, in May 2024, Ukraine imported 17,4 thousand tonnes of long steel products, which is 30,8% more than the previous month and 21,6% more than in May 2023. Türkiye remains the main supplier of products. May product import expenditures totalled USD 15,97 million, up 12,8% from April and 6,4% from the same month last year.

In the first five months of 2024, Ukraine's total imports of long products reached 56,5 thousand tonnes, up 13,2% compared to the same period in 2023. In monetary terms, imports increased by 6,1% to 60,4 million USD.
Angles, shaped and special sections made of non-alloy steel accounted for the bulk of imports. In May 2024, their imports increased by 10,8% compared to April and 29,1% compared to May last year, reaching 27,47 thousand tonnes valued at USD 23,15 million. Türkiye supplied 63,7% of shipments of these products in monetary terms.

Ukrainian consumers also imported 11,53 thousand tonnes of other unprocessed carbon steel bars and iron worth USD 9,81 million between January and May. Imports in May increased by 46,3% compared to April and amounted to 4,07 thousand tonnes, while compared to May last year they decreased by 17,4%. The import cost paid for these products was $2,78 million, up 13,8 % from April, but down 29,5 % from a year earlier. Türkiye accounted for 70,7 % of these imports.

In the first five months of 2024, imports of other alloy steel bars and rods were 4,84 thousand tonnes valued at USD 7,63 million. In May, imports of these products decreased by 5,1% compared to April and by 43,4% compared to May last year to 0,96 thousand tonnes. The value of imports in May was $1,57 million, down 1,1% compared to April and 39% compared to last year. Türkiye supplied 30,1% of these products.

These three types of long products accounted for more than 77% of Ukraine's total imports of these products. Other suppliers include Germany, Poland, the Czech Republic, India, China, Malaysia and other countries.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

A new era begins in the Indian steel sector

Thursday, November 21, 2024

China's HRC, CRC and rebar production decreased y-o-y in October

Thursday, November 21, 2024

HRC prices decline from China to Middle East

Thursday, November 21, 2024

EU construction decreased in september

Thursday, November 21, 2024

Iranian analyst Keyvan Jafari Tehrani shared the effects of world politics on the steel industry

Thursday, November 21, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now