In January-July of this year, Ukraine increased exports of ferroalloys in physical terms by 60% compared to the same period last year, to 63,524 thousand tons from 39,691 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, in monetary terms, exports of ferroalloys increased by 48.2% to $71.345 million.
The main exports were to Algeria (26.78% of shipments in monetary terms), Poland (26.63%), and Turkey (22.22%).
In addition, in the first seven months of 2025, Ukraine imported 21,701 thousand tons of this product, a decrease of 66.4% compared to the same period in 2024. In monetary terms, imports fell by 60.2% to $42.576 million. Imports came mainly from Norway (20.95%), Kazakhstan (13.97%), and Armenia (9.83%).
As reported, the Pokrovsky Mining and Processing Plant (PGZK, formerly Ordzhonikidze Mining and Processing Plant) and the Marganetsky Mining and Processing Plant (MGZK, both – Dnipropetrovsk region), which are part of the Privat group, stopped mining and processing raw manganese ore in late October – early November 2023, while NZF and ZZF stopped smelting ferroalloys. In the summer of 2024, ferroalloy plants resumed production at a minimum level.
In 2024, Ukraine reduced its exports of ferroalloys in physical terms by 4.45 times compared to 2023, to 77,316 thousand tons from 344,173 thousand tons. In monetary terms, exports fell 3.4 times, to $88.631 million from $297.595 million. The main exports were to Poland (27.40% of shipments in monetary terms), Turkey (21.53%), and Italy (19.82%).
In addition, last year Ukraine imported 82,259 thousand tons of this product compared to 14,203 thousand tons in 2023 (an increase of 5.8 times). In monetary terms, imports increased 3.3 times, to $140.752 million from $42.927 million. Imports were mainly from Poland (32.71%), Norway (19.55%), and Kazakhstan (13.90%).
The business of ZZF, NZF, Stakhanov ZF (located at NKT), Pokrovsky and Marganetsky GOK was organized by PrivatBank prior to the nationalization of the financial institution. The Nikopol Ferroalloy Plant is controlled by the EastOne group, which was created in the fall of 2007 as a result of the restructuring of the Interpipe group, as well as the Privat group.
