In January–April of this year, Ukraine reduced its ferroalloy exports by 89.9% in volume terms compared to the same period last year—down to 3,929 thousand tons from 38,963 thousand tons.
According to statistics released by the State Customs Service (SCS), 2,755 thousand tons of ferroalloys were exported in April, 337 tons in March, 72 tons in February, and 765 tons in January.
In monetary terms, ferroalloy exports for January–April fell by 88.5%—to $4.894 million from $42.657 million. The main export destinations were Poland (56.81% in monetary terms), Romania (13.01%), and Slovakia (12.81%).
In addition, during the first four months of the year, Ukraine imported 9,751 thousand tons of this product—a 32% decrease compared to January–April 2025. In monetary terms, imports fell by 37.2% to $17.469 million. Imports came mainly from Kazakhstan (20.81%), France (16.85%), and Norway (15.34%).
As reported, the Pokrovsky Mining and Processing Plant (PGZK, formerly the Ordzhonikidze Mining and Processing Plant) and the Marganetsky Mining and Processing Plant (MGZK, both in Dnipropetrovsk Oblast), which are part of the Privat Group, ceased the extraction and processing of raw manganese ore in late October–early November 2023, while the NZF and ZZF stopped smelting ferroalloys. In the summer of 2024, the ferroalloy plants resumed production at a minimal level.
Since January 19, 2026, due to problems with electricity supply and high electricity prices, NZF has been idle, while ZZF is operating at a minimal level.
In 2025, ferroalloy plants increased ferroalloy exports by 21.4% in volume terms compared to 2024—to 93,841 thousand tons, while revenue rose by 19%—to $105.441 million. At the same time, the main exports went to Poland (28.69% of shipments in monetary terms), Turkey (21.62%), and Algeria (21.48%).
In 2025, Ukraine imported 38,434 thousand tons of this product—a 53.3% decrease compared to 2024. In monetary terms, imports fell by 47.5% to $73.839 million. Imports came mainly from Norway (16.11%), Kazakhstan (15.89%), and France (12.56%).
Prior to the nationalization of the financial institution, PrivatBank organized the business of ZZF, NZF, Stakhanovskyi ZF (located at NKT), Pokrovskyi, and Marganetskyi GZK. The Nikopol Ferroalloy Plant is controlled by the EastOne Group, established in the fall of 2007 as a result of the restructuring of the Interpipe Group, as well as the Privat Group.