The bulk of products were shipped to Romania and Poland

In January-June 2024, Ukrainian metallurgical companies increased exports of long products by 1.4% compared to the same period in 2023, to 256.5 thousand tons. This is evidenced by data from the State Customs Service.

Wire rod accounted for the bulk of exports (UKTZED 7213) – 119.13 thousand tons (-0.1% yoy). Over 6 months, 51.41 thousand tons of the product were shipped to Romania, 50.3 thousand tons to Poland and 7.93 thousand tons to Bulgaria.

The company also exported 64.44 thousand tons (+5% yoy) of carbon steel wire (UKTZED 7217). The bulk was sent to Poland – 22.4 thousand tons, Germany – 12.02 thousand tons, and the Czech Republic – 7.9 thousand tons. Rebar accounted for another 35.74 thousand tons (-8.3 yoy) of exports (UKTZED 7214). The company shipped 19 thousand tons of rebar to Moldova and 15.41 thousand tons to Poland.

In June, Ukraine’s exports of long products increased by 30% compared to the previous month, but decreased by 35.1% compared to June 2023 to 39.62 thousand tons. Shipments of wire rod increased by 64.7% m/m and decreased by 18.2% y/y to 20.16 kt, wire rod decreased by 1.8% m/m and 22.8% y/y to 8.35 kt, and rebar increased by 177% m/m and decreased by 32.7% y/y to 8.81 kt.

Revenue from exports of long products in January-June 2024 decreased by 3.5% yoy to $198.7 million, and in June – by 28.4% yoy and increased by 13.8% m/m to $28.98 million.