Business news from Ukraine

Business news from Ukraine

Ukraine reduced ferroalloy exports by 11 times in January due to shutdown of the NPP

In January this year, Ukraine reduced ferroalloy exports in physical terms by 10.9 times compared to the same period last year, from 8,331 thousand tons to 765 tons.

According to statistics released by the State Customs Service (SCS) on Tuesday, 2,461 tons of ferroalloys were exported in December 2025.

In monetary terms, ferroalloy exports in January fell 8.1 times to $1.066 million from $8.655 million. The main exports were to Poland (55.91% in monetary terms), Romania (17.92%), and Uzbekistan (14.35%).

In addition, Ukraine imported 3,169 thousand tons of this product last month, a decrease of 40.2% compared to January 2025. In monetary terms, imports fell by 42.3% to $4.870 million. Imports were mainly from Norway (55.03%), India (22.85%), and Kazakhstan (5.48%).

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.

Since January 19, 2026, due to problems with electricity supply and high prices for it, NZF has been idle, while ZZF has been operating at a minimum level.

It was also reported that in 2025, ferroalloy plants increased their exports of ferroalloys in physical terms by 21.4% compared to the previous year, to 93,841 thousand tons, and revenues increased by 19%, to $105.441 million. The main exports were to Poland (28.69% of shipments in monetary terms), Turkey (21.62%), and Algeria (21.48%).

In 2025, Ukraine imported 38,434 thousand 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 were mainly from Norway (16.11%), Kazakhstan (15.89%), and France (12.56%).

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. 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, in 2024, Ukraine imported 82,259 thousand tons of this product compared to 14,203 thousand 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, Stakhanovskyi ZF (located at NKT), Pokrovskyi and Marganetskyi 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.

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Ukraine reduced exports of manganese ore to Slovakia in January

In January of this year, Ukraine reduced exports of manganese ore by 2.9% compared to the previous month, from 4,689 thousand tons to 4,553 thousand tons.

According to statistics released by the State Customs Service (SCS) on Tuesday, in monetary terms, exports remained at the December 2025 level of $756 thousand.

At the same time, exports in January were carried out to Slovakia (100% of supplies in monetary terms).

Ukraine did not import manganese ore in January 2026.

The SCS did not publish data on manganese ore exports and imports for January 2025.

As reported, Ukraine reduced manganese ore exports by 50.4% in 2025 compared to the same period last year, to 22,281 thousand tons, but increased shipments in August-December. While deliveries in the first seven months of 2025 amounted to 2,977 thousand tons, exports more than doubled in August, when 5,037 thousand tons were exported, in September they amounted to 1,725 thousand tons, in October – 3,993 thousand tons, 3,860 thousand tons in November, and 4,689 thousand tons in December.

In monetary terms, exports for the whole of 2025 fell by 45.2% compared to 2024, to $3.599 million. At the same time, the main exports were to Slovakia (99.22% of supplies in monetary terms) and Poland (0.78%). During this period, the country imported 37,006 thousand tons from Ghana worth $5.546 million, with all deliveries taking place in November. In 2024, 84,293 thousand tons of ore worth $18.302 million were imported.

In 2024, Ukraine exported 44,903 tons of manganese ore worth $6.563 million to the United States in January, breaking a two-year absence of supplies to foreign markets. In February-December 2024, there were no exports of manganese ore. At the same time, for the whole of 2024, the country imported 84,293 tons worth $18.302 million from Ghana (98.85%), Brazil (0.99%), and Belgium (0.11%). There were no imports in October-November.

Ukraine did not export manganese ore in 2022 and 2023, and in 2021, it exported 770 tons worth $89 thousand.

In addition, it was reported that 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.

PGZ and MGZ did not produce any products in 2024, while in 2023, PGZ produced 160.31 thousand tons of manganese concentrate, and MGZ was idle.

In 2025, PGZK produced 63.9 thousand tons of manganese concentrate worth UAH 342.138 million and sold 25.4 thousand tons worth UAH 216.309 million. In 2026, the plant plans to increase manganese concentrate production by 3.44 times compared to the previous year, to 220 thousand tons.

In Ukraine, manganese ore is mined and enriched by the Pokrovsky and Marganetsky mining and enrichment plants.

The consumers of manganese ore are ferroalloy enterprises.

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Kametstal plant certifies rebar for supply to Lithuania

The Kametstal plant, part of the Metinvest mining and metallurgical group (Kamensk, Dnipropetrovsk region), has certified B500SP and B500B grade rebar for supply to Lithuania.

According to the company, Metinvest’s steel products are conquering EU construction sites.

At the same time, it is noted that at the end of 2025, Kametstal’s rebar took a new step in European geography: from the “green light” on the Romanian market for B500C class profiles in October to the official certification of B500SP and B500B classes for Lithuania in December.

“The certification process for B500SP and B500B grade rebar with a nominal diameter of 8 to 32 mm, produced on the 400/200 rolling mill, has been successfully completed. As a result, certificates have been obtained that enable Kametstal to supply its products to customers in Lithuania,” the company said in a statement.

It is noted that the certification was preceded by intensive preparation and coordinated work by a team of specialists from Kametstal and the management company of the Metinvest Group. An offline audit, during which an experienced expert, Valdemaras Gauronskis, director of the Construction Products Certification Center (Statybos produkcijos sertifikavimo centras – SPSC), visited Kametstal, took place at the end of October. Based on the results of the production inspection, a positive decision was made regarding the compliance of the specified grades of reinforcing steel with the Lithuanian standard.

Kametstal is part of the Metinvest Group.

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Ukraine exported 5 mln tons of agricultural products in January, slightly less than in December

In January 2026, Ukraine exported 5.0 million tons of agricultural products, which is 0.8% less than in the previous month, according to the Ukrainian Agribusiness Club (UAC).

According to analysts, in the first month of the year, there was an increase in exports only in the grain segment, while all other types of products saw a decline. Corn remains the main export item at present.

According to experts, in the structure of agribusiness exports in January 2026, grain crops increased by 13% compared to the previous month and amounted to 3.4 million tons (corn – 83%, wheat – 16%), oilseeds decreased by 32% to 351.7 thousand tons (soybeans – 63%, rapeseed – 35%, and sunflower – 1%), vegetable oils – by 6% to 479.7 thousand tons (sunflower oil – 82%, rapeseed oil – 10%, and soybean oil – 7%), oilcake after extraction of vegetable oils decreased by 32% to 411.0 thousand tons (sunflower – 73%, soybean – 27%), other types of agricultural products decreased by 15% to 349.9 thousand tons.

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Centravis increased pipe exports to 96% and doubled profits in 2025

Centravis Production Ukraine (Nikopol, Dnipropetrovsk region), part of Centravis Ltd., produced 13.77 thousand tons of seamless stainless steel pipes in 2025, compared to 13.7 thousand tons in 2024, while in 2023–2024, the company’s annual production growth rate reached 12%.

As Centravis CEO Yuriy Atanasov said during an online press conference on Friday, Nikopol is currently under constant shelling.

“We continue to work in these difficult conditions. And production at the level of almost 14 thousand is an incredible victory. We are improving our financial position and reducing our credit position. We are raising salaries, and the average salary in the company has now reached UAH 39,000,” the CEO said.

According to him, in 2025, the company increased its export share from 90% to 96% and supplied more than 13,000 tons of seamless stainless steel pipes to world markets.

According to the press release, among Centravis’s contracts are cooperation with GE Steam Power, a division of General Electric specializing in equipment for steam power and industrial energy systems; a contract with Ellimetal NV, a Belgian company that processes and supplies high-tech metal solutions for heat exchange and industrial equipment; a contract with RFF Rohr Flansch Fitting, under which Centravis won the competition with leading European manufacturers and supplied pipes for the overhaul of a heat treatment furnace at the Voestalpine Donawitz plant (Austria), as well as a number of other projects.

The main focus is on maintaining and strengthening positions in the global market, working with high-tech customers, and implementing complex engineering solutions.

“For us, it’s not about quantity, but quality. We don’t compete with cheap Indian or Chinese pipes. Our priority is marginal projects with complex technical solutions and increased quality requirements. In this segment, we are able to compete with leading European and American manufacturers,” Atanasov emphasized.

He also recalled that in 2025, Centravis traditionally participated in key global industry events, including Adipec 2025 in the UAE and Made in Steel in Milan.

The press release also states that the economic results of 2025 enabled the company to increase investment in production, fulfill its social obligations, and contribute to Ukraine’s sustainability. Last year, investments amounted to UAH 159.6 million (+13.5%); the amount of taxes and fees paid increased by 24% to UAH 680.8 million; and funding for philanthropic projects reached UAH 11.5 million.

“We hope that 2026 will bring Ukraine lasting and just peace, and we will be able to focus on rebuilding the country, developing production, and exporting products made in Ukraine,” Atanasov concluded.

According to Centravis CFO Alexander Joseph, EBITDA in 2025 amounted to EUR 12 million, which is twice as much as in 2024.

As reported, the company planned to increase production to 15,000 tons in 2025.

Centravis was founded in 2000 and is one of the ten largest manufacturers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovsk region). In 2023, a branch of the company opened in Uzhhorod.

Centravis Ltd. was created on the basis of Nikopol Stainless Steel Pipe Plant CJSC and the service and trading companies of YVIS Production and Commercial Enterprise LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares of PJSC “Centravis Production Ukraine.”

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Ukraine has opened three new markets for cattle exports to Algeria

Ukraine has opened three new markets for cattle exports to Algeria, according to a press release from the State Service of Ukraine for Food Safety and Consumer Protection. According to the report, the State Service for Food Safety and Consumer Protection, together with the Ministry of Foreign Affairs of Ukraine, Ukrainian diplomatic institutions, and relevant ministries, have agreed on three forms of veterinary documents with the veterinary service of the Ministry of Agriculture, Rural Development, and Fisheries of the People’s Democratic Republic of Algeria. These include, in particular, a veterinary health certificate form for the export of meat and breeding cattle, as well as cattle for fattening.

“The opening of three new export destinations for cattle to Algeria is an important result of the systematic work of the State Service of Ukraine for Food Safety and Consumer Protection. In total, five new markets for Ukrainian animal products have been opened since the beginning of the year, which creates additional opportunities for domestic producers and contributes to strengthening Ukraine’s position in the international trade arena,” emphasized Sergey Tkachuk, head of the State Service of Ukraine for Food Safety and Consumer Protection.

The agency emphasized that the opening of these export markets is an important step in deepening trade and economic cooperation between Ukraine and Algeria and confirms the compliance of Ukrainian products with the veterinary requirements of the importing country.

The agreed forms of veterinary certificates have already been published on the official web portal of the State Service of Ukraine for Food Safety and Consumer Protection in the section “International Cooperation” – “Veterinary and Safety” – “Certificates for export from Ukraine” at https://dpss.gov.ua/mizhnarodne-spivrobitnictv/veterinariya-ta-bezpechnist/sertifikati-na-eksport-z-ukrayini.

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