In January–August of this year, Ukraine’s ferroalloy exports decreased by 67.5% in volume terms compared with the same period last year—to 23,964 thousand metric tons from 73,774 thousand metric tons.
According to statistics released by the State Customs Service (SCS), 4,675 thousand metric tons of ferroalloys were exported in August, 4,077 thousand metric tons in July, 6,432 thousand metric tons in June, 4,851 thousand metric tons in May, in April—2,755 thousand metric tons, in March—337 metric tons, in February—72 metric tons, and in January—765 metric tons.
In monetary terms, ferroalloy exports for January–August fell by 65.2% to $28,778 million.
In addition, over the first eight months of the year, Ukraine imported 18,337 thousand metric tons of these products—a 32.8% decrease compared to January–August 2025. In monetary terms, imports fell by 33.2% to $34.613 million.
As previously reported, the Pokrovsk Mining and Processing Plant (PGZK, formerly the Ordzhonikidze Mining and Processing Plant) and the Marganetsk Mining and Processing Plant (MGZK, both located 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 plants halted the smelting of 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 has been operating at a minimal level.
In 2025, ferroalloy plants increased their exports of ferroalloys by 21.4% in volume terms compared to 2024—to 93,841 thousand metric tons—while revenue rose by 19% to $105.441 million. The main export destinations were Poland (28.69% of shipments in monetary terms), Turkey (21.62%), and Algeria (21.48%).
In 2025, Ukraine imported 38,434 thousand metric tons of this product—a decrease of 53.3% compared to 2024. In monetary terms, imports fell by 47.5% to $73.839 million. Imports came primarily from Norway (16.11%), Kazakhstan (15.89%), and France (12.56%).
Prior to the nationalization of the financial institution, PrivatBank managed the business operations of the ZZF, NZF, Stakhanov Steel Plant (located at NKT), and the Pokrovsk and Marganets Mining and Processing Plants. The Nikopol Ferroalloy Plant is controlled by the EastOne Group, formed in the fall of 2007 as a result of the restructuring of the Interpipe Group, as well as by the Privat Group.
