In January-October of this year, Ukraine increased its ferroalloy exports by 31.9% in physical terms compared to the same period last year, to 87,379 tons.
According to statistics released by the State Customs Service (SCS) on Wednesday, in monetary terms, ferroalloy exports increased by 25.5% to $98.064 million.
The main exports were to Poland (27.09% of shipments in monetary terms), Algeria (23.09%), and Turkey (21.52%).
In addition, Ukraine imported 32,255 thousand tons of this product in the first 10 months of 2025, a decrease of 58.4% compared to the same period in 2024. In monetary terms, imports fell by 53.5% to $61.045 million. Imports were mainly from Norway (19.49%), Kazakhstan (16.29%), and France (9.87%).
As reported, the Pokrovsky Mining and Processing Plant (PGZK, formerly Ordzhonikidze Mining and Processing Plant) and the Marganetsky Mining and Processing Plant (MGZK, both in Dnipropetrovsk region), which are part of the Privat Group, stopped mining and processing raw manganese ore in late October-early November 2023, while NZF and ZZF stopped smelting ferroalloys. In the summer of 2024, ferroalloy plants resumed production at a minimum level.
PGZK and MGZK did not produce any products in 2024, while in 2023, PGZK produced 160.31 thousand tons of manganese concentrate, and MGZK was idle.
In 2024, Ukraine reduced its exports of ferroalloys in physical terms by 4.45 times compared to 2023, to 77,316 thousand tons from 344,173 thousand tons. and in monetary terms, it decreased by 3.4 times, to $88.631 million from $297.595 million. At the same time, the main exports were to Poland (27.40% of supplies in monetary terms), Turkey (21.53%), and Italy (19.82%).
In addition, Ukraine imported 82,259 tons of this product last year, compared to 14,203 tons in 2023 (a 5.8-fold increase). In monetary terms, imports increased 3.3 times, from $42.927 million to $140.752 million. Imports were mainly from Poland (32.71%), Norway (19.55%), and Kazakhstan (13.9%).
The business of ZZF, NZF, Stakhanov ZF (located at NKT), Pokrovsky and Marganetsky GZK was organized by PrivatBank prior to the nationalization of the financial institution. The Nikopol Ferroalloy Plant is controlled by the EastOne group, created in the fall of 2007 as a result of the restructuring of the Interpipe group, as well as the Privat group.
