Ukrainian Railways JSC (UZ) has seen a significant increase in the transfer of iron ore through railway border crossings with Moldova in the first half of 2024. According to a report by Rail.insider, UZ transferred 161 thousand tons of iron ore to Moldova during this period, contributing to a total of 1.15 million tons of cargo transferred to the country. This marks a 23.8% decrease compared to the same period in 2023, with the main cargoes including ore, ferrous metals, grain, and cement.
During an online meeting with carriers from Romania and Moldova, representatives of Ukrainian Railways highlighted the changes in cargo transportation. While there was a decrease in the volumes of oil cargo, construction materials, and grain, there was an increase in the transportation of ore, scrap, and ferrous metals.
In addition to the increased transfer of iron ore to Moldova, Ukrainian Railways also transported 1.57 million tons of cargo through the Ukrainian-Romanian railway border crossings in the first half of 2024. This represents a 6% decrease compared to the same period in 2023.
Despite the overall decrease in cargo volumes, Ukrainian Railways reported a significant increase in the transportation of iron ore in the first half of the year, with a total of 22.9 million tons transported. This marks a 28% increase compared to the same period in 2023.
Overall, in 2023, Ukrainian Railways transported 148.4 million tons of cargo, with decreases in iron ore, ferrous metals, and grain transportation compared to the previous year. However, the increase in iron ore transportation in the first half of 2024 signals a positive trend for the railway company in the coming months.
