Ukrainian ferroalloy exports from January to February decreased by 95.6% year-on-year

K-LinePoet · 2026-03-28T02:49:51+00:00

Ukrainian Customs reports show that from January to February 2023, ferroalloy exports plummeted by 95.6%, totaling only 837 metric tons, with value dropping 94% to $1.2 million. This decline is due to Russia increasing attacks on Ukrainian energy facilities, leading to power shortages and disrupting production and logistics.

K-LinePoet

2026-03-28 02:49:51

Abstract generation in progress

On March 16, the State Customs Service of Ukraine reported that in January and February of this year, Ukraine’s ferroalloy export volume fell by 95.6% year-on-year, totaling only 837 tons. In terms of value, the export decrease was similarly staggering, dropping by 94% to $1.2 million. This sharp decline is due to increased missile and drone attacks by Russia on Ukraine’s energy infrastructure during the winter, leading to widespread power shortages that disrupted production and logistics chains. According to the Ukrainian Ferroalloy Producers Association (UkrFa), the country’s two major ferroalloy smelting plants—Nikopol Ferroalloy Plant and Zaporizhia Ferroalloy Plant—suspended production in January due to power supply interruptions and high electricity prices. In February alone, the export volume plummeted from 765 tons in January to 72 tons. (My Steel Network)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.