Ukraine's ferro alloys exports fall y-o-y in January-April 2024
In January-April 2024, Ukrainian ferro alloys exports plummeted to record lows, marking a 99.5% decrease to 1.14 thousand tonnes (t) compared to 208.02 thousand t in the same period in 2023. This drastic decline was reflected in both export volumes and revenue, with export revenue shrinking by 98% to $180.1 million compared to the previous year.
This scenario reflected a challenging period for Ukraine's ferro alloys industry, likely influenced by various economic factors、market dynamics and warfare factors.