Business news from Ukraine

Business news from Ukraine

Scrap exports from Ukraine increased by 52% — over 345,000 tons in ten months

12 November , 2025  

In January-October 2025, Ukrainian companies increased exports of ferrous metal scrap by 52.1% compared to the same period last year — to 345,197 tons from 226,970 tons.

According to statistics released by the State Customs Service (SCS) on Wednesday, 33,357 tons were exported in October, 28,785 tons in September, 34,713 tons in August, 44,842 thousand tons in July, a record 47,691 thousand tons in June, 28.6 thousand tons in May, 46,321 thousand tons in April, 39,908 thousand tons in March, in February – 25,284 thousand tons, in January – 15,696 thousand tons of scrap.

In monetary terms, scrap exports in January-October increased by 43.4% – to $103.052 million from $71.862 million.

During this period, scrap exports were formally carried out mainly to Poland (81.08% of shipments in monetary terms), Greece (6.19%), and Italy (5.47%).

In the first 10 months of this year, Ukraine imported 34 tons of scrap worth $13,000 from Poland (53.85%), the Seychelles (30.77%), and the British Virgin Islands (7.69%).

As reported, due to the sharp increase in exports of strategic raw materials from Ukraine, the Ministry of Economy initiated the introduction of a licensing and quota regime for scrap exports with a zero quota. A public discussion of the draft resolution is currently underway. Its implementation is expected to contribute to the smooth operation of Ukraine’s metallurgical and foundry industries, as well as to stabilize the situation with regard to meeting the demand for scrap on the domestic market of Ukraine.

In 2024, Ukraine’s scrap collection companies increased their exports of ferrous metal scrap by 60.7% compared to 2023, from 182,465 thousand tons to 293,190 thousand tons. In monetary terms, scrap exports for the year increased by 73.2% to $91.311 million from $52.723 million.

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