The market of steel structures for construction purposes in Ukraine grew by 15% to 91 thousand tons in 2024, according to a study by the Ukrainian Steel Construction Center (USCC) association.
According to a presentation on Thursday, the construction segment of Ukraine in 2024, according to Metinvest SMC, accounted for 24% of the structure of rolled steel consumption, which is equal to the figures for 2023, small consumers and retail trade – 32% (up 2% by 2023), machine building and mining – 14% (minus 1%), hardware industry – 11% (-1%), metalworking and profiling – 13% (+2%) and the pipe industry – 7% (-2%).
It is noted that the steel structures market in Ukraine continues to recover from the crisis caused by the war and economic challenges. The growth in consumption of steel structures is due to an increase in imports last year compared to 2023. Also, in the first half of last year, there was a positive trend due to the implementation of infrastructure projects.
Despite the positive trends, the steel structures market faces a number of challenges, such as electricity shortages at enterprises due to massive attacks on Ukraine’s energy facilities, a shortage of skilled workers due to increased mobilization and outflow of labor, and logistical difficulties.
In 2025, the USCC experts forecast continued growth in steel consumption of 10-12% – up to 102 thousand tons by the end of the year, provided that the economy stabilizes and further financing of the country’s reconstruction is provided. At the same time, it is noted that the existing challenges require active support from the government and international partners to ensure the stable development of the industry in the future.
The main trends for 2025 are an increase in public procurement for infrastructure projects, the restoration of the energy sector, and the construction of logistics and industrial centers.
It is also reported that in 2024, according to Metipol, the growth in consumption of galvanized steel was 5.6%, but slowed down compared to 2023, when the market grew by 45.5%. However, it is clarified that last year, almost half of the galvanized steel (45.6%) was imported from Turkey, while Ukrainian producers provided only 35.4% of the consumed steel.
In 2024, the volume of apparent consumption of polymer-coated metal in Ukraine increased by 5.4% compared to 2023, to 292.2 thousand tons, which is 15% less than in 2021. Consumption growth has been recorded for the second year in a row, but last year it was much slower than in 2023, according to the study. Consumption of Ukrainian rolled products increased by 48% to 87.7 thousand tons in 2024. The volume of imported polymer-coated rolled products consumed in Ukraine decreased by 6.5% to 204.5 thousand tons, while exports increased by 39%.
The USCC is an association of steel market participants whose members include leading manufacturers and distributors of rolled steel, steel structures, roofing and facade systems, industry design and research organizations, installation and construction companies. Today it includes more than 60 specialized companies.
