The EU expects Ukraine to export more grain, but receive iron ore. While the ports are blocked, the Ukrainian agricultural sector is trying to develop new export logistics by rail, road, and river across the border with EU countries. The average daily volume of rail... #grainexport #IronOre #IronOreExport #UkraineExport
Ukraine’s iron ore exports are down 3.5% this year by volume, but revenues are double – to $4.7 billion, reports the State Customs Service. Of the 26 million tons exported through July, China took 46%, the Czech Republic took 9.5%, and Austria took 8%. #IronOre #IronOreExport #IronOrefromUkraine #UkraineexportsIronOre
Boosted by booming world iron ore prices, Ukraine’s foreign trade was up 20% to $39.5 billion from January to April, compared to the same period last year, reported the State Customs Service. With bills for imported oil and gas rising 18%, to $3.5 billion, imports rose 21%, to $20.4 billion. The trade deficit for th... #IronOreExport #IronOrePrices #IronOreUkraine
Although iron ore exports were down 8%, to 14.2 million tons, earnings from Ukraine’s iron ore sales almost doubled, reaching $2.3 billion . With mines in Brazil and South Africa closed due to Covid-19 infections among staff, the world price of a ton of iron ore has jumped from $40 to $200, wrote Oleksandr Kalenkov, President of Ukrmetal... #IronOre #IronOreExport #IronOrePrices
