Business news from Ukraine

Business news from Ukraine

Exports of semi-finished steel products from Ukraine fell by 35%

13 April , 2025  

In January-March this year, Ukraine reduced exports of semi-finished carbon steel products in physical terms by 34.8% year-on-year to 294,202 thousand tons.

According to statistics released by the State Customs Service (SCS) on Tuesday, exports of carbon steel semi-finished products fell by 37.4% to $138.386 million in monetary terms.
The main exports were to Bulgaria (43.06% of supplies in monetary terms), Turkey (20.15%) and Poland (9.44%).

During the period, Ukraine imported 2.902 thousand tons of semi-finished products worth $2.339 million from the Czech Republic (83.03%), Italy (16.59%) and Germany (0.38%).

As reported, in 2024, Ukraine increased exports of carbon steel semi-finished products in physical terms by 56.7% compared to 2023 – up to 1 million 886.090 thousand tons, while revenue in monetary terms increased by 52.4% to $927.554 million. The main exports were made 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.