Business news from Ukraine

Business news from Ukraine

Exports of semi-finished steel products from Ukraine fell by 39%

14 September , 2025  

In January-August of this year, Ukraine reduced exports of semi-finished carbon steel products in physical terms by 39.1% compared to the same period last year, to 795,769 thousand tons.

According to statistics released by the State Customs Service (SCS), in monetary terms, exports of carbon steel semi-finished products fell by 40.8% to $384.215 million.

The main exports were mainly to Bulgaria (39.36% of supplies in monetary terms), Turkey (16.42%), and Poland (14.38%).

During this period, Ukraine imported 46,604 thousand tons of semi-finished products worth $35.242 million, mainly from Oman (38.41%), Germany (26.24%), and the Czech Republic (18.61%), while in the first eight months of 2024, it imported 5 tons of semi-finished products worth $5 thousand.

As reported, in 2024, Ukraine increased its exports of semi-finished carbon steel products in physical terms by 56.7% compared to 2023, to 1 million 886,090 tons, while revenue in monetary terms increased by 52.4% to $927.554 million. The main exports were to Bulgaria (32.06% of supplies in monetary terms), Egypt (18.50%), and Turkey (11.14%).

In 2024, Ukraine imported 306 tons of semi-finished products worth $278 thousand from the Czech Republic (88.13%), Romania (7.19%), and Poland (2.88%), while in 2023, it imported 96 tons worth $172 thousand.

 

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