Ukraine loses more than UAH 1.5B monthly from lost metal exports by sea.

Currently, only the Danube ports are operating in Ukraine, but they cannot solve the existing logistical problems. Because of this, every month Ukraine loses more than $420M, which it could receive from the export of metal products, according to a study by the GMK Center. It is noted that every month Ukraine is being prevented from exporting the entirety of its production of 1.3 million tons of iron ore, 151,000 tons of pig iron, 192,000 tons of semi-finished products, and 218,000 tons of finished metal products. Ukrainian metal product exporters are forced to redirect cargo to EU seaports. Therefore, the average distance to the port of departure is increased by five times, and the delivery cost increased by three to four times. As well, EU ports do not have the available capacity to handle all Ukrainian cargo, so railway wagons stand in queues at the borders. The only way to resolve this issue is to resume operations at the Ukrainian Black Sea ports.