PJSC “Centravis Production Ukraine” (Centravis Production Ukraine, Nikopol, Dnipropetrovsk Oblast), a subsidiary of Centravis Ltd., reported a 6.6% increase in production for January–June of this year—from 6,770 metric tons to 7,220 metric tons;
According to a press release on Monday, exports in monetary terms increased by nearly 15%—from 2.56 billion UAH to 2.94 billion UAH; the amount of taxes paid rose by nearly 11% to 361.5 million UAH.
“The first half of the year was another challenging period for us, one that put the entire team to the test. First and foremost, this was due to the security situation in Nikopol, where our main production facilities are located. The situation remains consistently difficult, and so far there is no reason to expect a significant improvement in the near future,” said the company’s CEO, Yuriy Atanasov.
According to him, in June, the EU—one of the company’s key markets—decided to significantly restrict opportunities for exporting Ukrainian steel products. Specifically, the EU set a quota of 6,524 metric tons for Ukrainian seamless stainless steel pipes, even though Ukraine exported 11,306 metric tons last year. “In effect, a single regulatory decision has closed off nearly half of the European market for us. The consequences of this decision could be extremely painful for both the company and the Ukrainian economy,” the CEO stated.
He added that the new trade restrictions could significantly impact Centravis’s production figures in the second half of the year. The market for seamless stainless steel pipes is quite conservative, and finding and attracting new customers in other regions takes time. One consequence of the new trade restrictions was the company’s decision to mothball its production facility in Uzhhorod—which is largely geared toward EU customers—starting September 1.
At the same time, the company plans to continue diversifying its supply geography by stepping up its efforts in the U.S., Latin American, and Middle Eastern markets, where Centravis has sales offices.
As previously reported, Centravis increased its pipe production by 6% in Q1 2026—from 3,210 metric tons in the first quarter of 2025 to 3,400 metric tons in the first quarter of 2026. Export volumes grew even more—by 10%, from 1.24 billion UAH to 1.37 billion UAH. The company also increased its tax payments to budgets at various levels.
In the first three months of 2026, “Centravis” paid 170.6 million UAH in taxes, which is 19% more than during the same period last year.
In 2025, the company produced 13.77 thousand metric tons of products. Almost the entire volume is exported to foreign markets. The company’s main markets remain Europe, the United States, and the Middle East.
Centravis’s production facilities are located in Nikopol and Uzhhorod. The company also has sales offices in the United States, Germany, Italy, Switzerland, Poland, and the United Arab Emirates.
Centravis was founded in 2000 and ranks among the top ten largest manufacturers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovsk Oblast). In 2023, the company opened a branch in Uzhhorod.
The Centravis Ltd. holding company was established on the basis of CJSC “Nikopol Stainless Steel Pipe Plant” and the service and trading companies of LLC “Production and Commercial Enterprise ‘YUVIS’.” Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares in Centravis Production Ukraine PJSC.
In January–June of this year, Ukraine’s ferroalloy exports decreased by 80.5% in volume terms compared to the same period last year—to 15,212 thousand metric tons from 54,771 thousand metric tons.
According to statistics released by the State Customs Service (SCS), 6,432 thousand metric tons of ferroalloys were exported in June, 4,851 thousand metric tons in May, 2,755 thousand metric tons in April, 337 metric tons in March, 72 metric tons in February, and 765 metric tons in January.
In monetary terms, ferroalloy exports for January–June fell by 70.2% to $18.220 million. The main export destinations were Poland (56.82% in monetary terms), Turkey (13.80%), and Romania (9.39%).
In addition, during the first six months of the year, Ukraine imported 13,097 thousand metric tons of these products—a 36.8% decrease compared to January–June 2025. In monetary terms, imports fell by 36.9% to $25.553 million. Imports came primarily from Kazakhstan (23.21%), India (13.61%), and France (11.52%).
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 ferroalloy smelting. 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 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 53.3% decrease 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 operations of ZZF, NZF, the Stakhanov Ferroalloy Plant (located at NKT), and the Pokrovsk and Marganetsk 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.
EXPORT, FERROALLOY, IMPORT, POLAND, ДМС
Extreme heat and a prolonged drought have led to a sharp drop in the water level of the Danube in Romania, according to the Experts Club information and analysis centre. In the area around the port of Beșet, the movement of cargo, passenger and cruise ships has virtually ground to a halt, and operators are being forced to reduce their cargo loads or seek alternative routes.
According to Romania’s National Institute of Hydrology and Water Management, on July 18 the water discharge at the point where the Danube enters the country near Baziaș fell to 1.7 thousand cubic metres per second. This is approximately 64% below the long-term average for July, which is 4.7 thousand cubic metres per second. The forecast for the period through July 25 assumes that the discharge will remain within the range of 1.65–1.8 thousand cubic metres per second.
On July 19, the Lower Danube Administration recorded readings below the conventional zero level of the gauging stations along a significant part of the Romanian section of the river. In Bechet, the reading was minus 65 cm, in Calafat minus 140 cm, in Giurgiu minus 128 cm, and in Cernavodă minus 173 cm. These values do not indicate a negative depth, but they do demonstrate an extremely low water level relative to the benchmarks used at the gauging stations.
The most difficult situation developed near Bechet. Vessels loaded with grain are unable to depart, while ferry services between Romania’s Bechet and Bulgaria’s Oryahovo were temporarily suspended. Trucks and passenger cars have to use other border crossings, which increases the distance, delivery time and burden on road bridges across the Danube.
The problems have also affected the tourism sector. Several cruise ships travelling from Budapest towards the Danube Delta were unable to continue their journey. Tour operators began transporting passengers by bus and changing travel programmes, including redirecting tourists to Bucharest. The suspension or reduction of cruise routes may reduce the revenues of port cities, hotels, restaurants and tour companies along the entire river.
Low water levels are already affecting Romanian agriculture. In some areas, the Danube’s level has fallen below the minimum mark required for pumping stations to operate, leaving some fields without irrigation. This increases the risk of lower harvests and a further rise in farmers’ costs.
Consequences for All Danube Countries
If the low water level persists or spreads to other sections of the river, the consequences will be felt by all ten countries through which the Danube flows directly: Germany, Austria, Slovakia, Hungary, Croatia, Serbia, Bulgaria, Romania, Moldova and Ukraine. The Danube is the backbone of a major European transport corridor linking the industrial regions of Central Europe with the port of Constanța and the Black Sea.
For Germany and Austria, the main risk will be disruption to through freight transport along the Rhine–Main–Danube system. Vessels will be forced to carry smaller loads, while some shipments may shift to rail and road transport. This increases the cost of delivering raw materials, fuel and industrial products. The cruise sectors of Vienna, Linz, Passau and other cities may also face route cancellations or reductions.
Slovakia and Hungary risk experiencing delays in deliveries through the ports of Bratislava, Komárno and Budapest. For Hungary, an additional problem will be a reduction in cruise traffic between Budapest and the Lower Danube. If low water levels persist, the cost of transporting grain, petroleum products, metals and mineral raw materials may rise.
For Croatia and Serbia, the reduction in fairway depth means possible restrictions on the operations of the ports of Vukovar, Novi Sad, Pančevo, Smederevo and Prahovo. Serbian exporters of grain, fertilisers and metallurgical products may have to divide cargoes among a larger number of vessels or redirect them to rail transport. Imports of petroleum products and industrial raw materials may also become more expensive.
Bulgaria and Romania are already experiencing direct consequences in the form of the suspension of the Oryahovo–Bechet ferry, restrictions on freight traffic and irrigation problems. A further decline in the water level could complicate the operations of the river ports of Ruse, Lom, Vidin, Galați, Brăila and Constanța, as well as increase the burden on bridges and land border checkpoints.
For Moldova, the risks are associated with the operation of the port of Giurgiulești and access to the Lower Danube. A reduction in vessels’ permitted draught may lead to smaller shipment volumes per consignment, higher fuel import costs and more expensive exports of agricultural products.
For Ukraine, low water levels pose a threat to the operation of the ports of Reni, Izmail and Ust-Dunaisk. Shallow depths may reduce the loading capacity of barges and sea-going vessels, increase the cost of transporting grain, metal, containers and other products, and complicate traffic between Ukrainian ports, Constanța and Central Europe.
According to the Danube Commission, a significant share of river transport consists of grain, food and animal feed cargoes, iron ore, petroleum products, fertilisers and metal products. Therefore, prolonged low water levels may affect not only transport companies but also prices in agriculture, metallurgy, energy and the food industry throughout the region.
In April 2026, the Danube Commission warned that periods of low water and sharp fluctuations in hydrological conditions were becoming a permanent factor changing the operating conditions of river transport. European countries will have to deepen and maintain the fairway more actively, improve the exchange of navigation data and develop railway routes for the rapid redirection of cargo.
In June of this year, Ukraine increased its manganese ore exports by 36.6% compared to the previous month—from 1,720 thousand metric tons to 2,350 thousand metric tons.
According to statistics released by the State Customs Service (SCS), a total of 21,946 thousand metric tons of manganese ore were exported during the first six months of this year, whereas exports during the same period last year amounted to 2,218 thousand metric tons, valued at $366 thousand.
At the same time, Ukraine reduced its manganese ore exports in May of this year by a factor of 3.1 compared to April—to 1,720 thousand metric tons from 5,319 thousand metric tons; in April, exports increased by a factor of 2.8 compared to March—to 5,319 thousand metric tons from 1,932 thousand metric tons; in March, exports fell by a factor of 3.1 compared to the previous month—to 1,932 thousand metric tons from 6,072 thousand metric tons—and by a factor of 2.4 compared to January, when 4,553 thousand metric tons were exported.
In monetary terms, $3.729 million worth of this raw material was exported in January–June (for the first six months of 2025 – $366 thousand). Exports were shipped to Slovakia (74.83% of shipments in monetary terms) and Georgia (25.17%).
In January–June of this year, Ukraine imported 5 metric tons of manganese ore from China worth $3,000, whereas there were no imports last year.
As previously reported, Ukraine reduced its manganese ore exports by 50.4% in 2025 compared to the same period last year—to 22,281 metric tons—but ramped up shipments in August–December. While shipments totaled 2,977 thousand metric tons over the first seven months of 2025, exports more than doubled in August, when 5,037 thousand metric tons were shipped; in September, they amounted to 1,725 thousand metric tons; in October, 3,993 thousand metric tons; in November—3,860 thousand metric tons, and in December—4,689 thousand metric tons.
In monetary terms, exports for the entire year of 2025 fell by 45.2% compared to 2024—to $3,599 million. The bulk of exports went to Slovakia (99.22% of shipments in monetary terms) and Poland (0.78%). Over the course of the year, the country imported 37,006 thousand metric tons from Ghana, valued at $5.546 million. All shipments took place in November. In 2024, 84,293 thousand metric tons of ore were imported, valued at $18.302 million.
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 ferroalloy smelting. In the summer of 2024, the ferroalloy plants resumed production.
PGZK and MGZK did not produce any output in 2024, whereas in 2023, PGZK produced 160.31 thousand metric tons of manganese concentrate, and MGZK was idle.
In 2025, PGZK produced 63.9 thousand metric tons of manganese concentrate worth 342.138 million UAH and sold 25.4 thousand metric tons for 216.309 million UAH. In 2026, the plant plans to increase manganese concentrate production by a factor of 3.44 compared to the previous year—to 220 thousand metric tons.
In Ukraine, manganese ore is mined and processed by the Pokrovsk and Marganets Mining and Processing Plants.
The consumers of manganese ore are ferroalloy enterprises.
EXPORT, MANGANESE, MINING AND PROCESSING PLANT, ORE, SLOVAKIA
The value of Ukraine’s exports of insulated wires and cables (including fiber-optic cables) in January–June 2026 increased by 2% compared to the same period in 2025, reaching $741.2 million.
According to statistics from the State Customs Service (SCS), Germany remained the largest importer of Ukrainian products, as it was last year; shipments to Germany decreased by 3% to $245.3 million, and its share of total exports of these products fell by 1.7 percentage points to 33%.
As in the first half of last year, the top three importers also included Hungary—$124.8 million (last year: $118.1 million)—and Poland—$121.8 million ($111.3 million).
According to statistics, exports of these products in June fell by 3% compared to June 2025 but rose by 3.3% compared to May of this year, reaching $128.3 million.
At the same time, according to the State Customs Service, imports of wires and cables into Ukraine increased by 24.5% in the first half of the year, reaching $354.2 million.
The largest suppliers of wires and cables to Ukraine were China ($101.6 million), Hungary ($87.8 million), and Poland ($47.3 million), whereas last year imports from Hungary totaled $78.9 million, from China – $55.6 million, and from Poland – $41.1 million.
As previously reported, according to the State Customs Service, in 2025 Ukraine increased its exports of insulated wires and cables by 10.6% compared to 2024—to $1.41 billion—and imports by 24.3%—to $590.7 million.
Starting July 1, 2026, Ukraine will begin accepting applications through the State Agrarian Registry (DAR) for participation in the open rapeseed export program, according to a press release from the Ministry of Economy, Environment, and Agriculture.
“The launch of the open export program for soybeans and rapeseed is another step toward creating transparent and clear rules for the agricultural sector. We have digitized the process as much as possible so that producers can quickly submit an application through the SAR, and the government has an effective tool for administering exports,” the press service quoted Taras Vysotsky, Deputy Minister of Economy, Environment, and Agriculture, as saying.
As noted in the announcement, legal entities and individual entrepreneurs who are agricultural producers may participate in the program. Applications will be submitted exclusively through the DAR system.
For rapeseed, applications will be accepted from July 1 of this year through April 1 of next year; for soybeans, from September 1 through June 1 of next year.
The program sets a maximum export volume of 5 metric tons of rapeseed per hectare of farmland and 3.5 metric tons of soybeans per hectare. During the application period, producers will have the right to adjust information regarding their planned or actual harvest once.
According to Vysotsky, the mechanism provides for maximum automation of the process without additional bureaucratic procedures or the need to obtain opinions from the Chamber of Commerce and Industry.
As previously reported, in May 2026, the Cabinet of Ministers amended the procedure for confirming the right of agricultural producers and agricultural cooperatives to be exempt from export duties when exporting their own soybeans and rapeseed. The new mechanism provides for automatic verification through the State Agrarian Register instead of obtaining opinions from the Chamber of Commerce and Industry.
agricultural producer, EXPORT, RAPESEED, SOYBEANS, State Agrarian Register
