In January-July of this year, Ukraine reduced exports of semi-finished products made of carbon steel in physical terms by 36.3% compared to the same period last year, to 705,625 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, in monetary terms, exports of semi-finished carbon steel products fell by 37.6% to $342.978 million.
The main exports were to Bulgaria (39.22% of shipments in monetary terms), Turkey (16.22%), and Poland (14.86%).
During the period in question, Ukraine imported 19,472 thousand tons of semi-finished products worth $14.943 million, mainly from Oman (32.95%), Germany (25.28%), and Italy (21.77%).
As reported, in 2024, Ukraine increased exports of semi-finished products made of carbon steel in physical terms by 56.7% compared to 2023, to 1 million 886.090 thousand tons, with revenue in monetary terms growing by 52.4% to $927.554 million. The main exports were 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.
In January-July of this year, Ukrainian mining companies reduced exports of iron ore raw materials (IORM) in physical terms by 8% compared to the same period last year, to 19 million 145,471 thousand tons from 20 million 803,661 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, foreign currency earnings from exports of iron ore raw materials decreased by 20.3% during this period, to $1 billion 460.316 million from $1 billion 831.314 million.
Raw materials were exported mainly to China (43.67% of shipments in monetary terms), Slovakia (17.9%), and Poland (16.82%).
In addition, in January-July 2025, Ukraine imported raw materials worth $58 thousand in the amount of 86 tons from Italy (40.35%), the Netherlands (36.84%), and Norway (22.81%), while in the same period last year it imported 771 tons worth $208 thousand.
As reported, in 2024, Ukraine increased its exports of raw materials by 89.8% compared to 2023, to 33 million 699.722 thousand tons, and foreign exchange earnings grew by 58.7%, to $2 billion 803.223 million.
In 2024, Ukraine imported mineral resources worth $414,000 in a total volume of 2,042 tons, while in 2023, 250 tons of these raw materials were imported worth $135,000.
In 2023, Ukraine reduced exports of raw materials in physical terms by 26% compared to 2022, to 17 million 753.165 thousand tons. Foreign exchange earnings amounted to $1 billion 766.906 million (a decrease of 39.3%).
Raw materials worth $135,000 were imported, totaling 250 tons.
In January-July of this year, Ukrainian enterprises increased their consumption of rolled metal products by 13.18% compared to the same period last year, to 2 million 302.7 thousand tons.
According to a press release from the Ukrmetallurgprom association on Wednesday, 862,700 tons were imported during this period, or 37.46% of the domestic market for rolled metal consumption.
According to Ukrmetallurgprom,
in the first seven months of 2025, metallurgical enterprises produced 3.622 million tons of rolled metal (97.2% compared to the same period in 2024), of which, according to the State Customs Service of Ukraine, about 2.182 million tons, or 60.2%, were exported. In January-July 2024, the share of exports was 64.5% (2.405 million tons with a total production of rolled metal products of 3.728 million tons).
The share of semi-finished products in export deliveries in January-July 2025 is 32.58%, which is significantly lower than in January-July 2024 (46.90%). The share of flat rolled products in export deliveries in January-July 2025 significantly exceeded the January-July 2024 figure (44.55% and 39.83%, respectively). The share of long products is also significantly higher than in January-July 2024 (22.83% in 2025 against 13.26% in 2024).
The structure of imports in January-July 2025 continues to be characterized by the significant dominance of flat rolled products over long products (74.75% and 20.20%, respectively). In January-July 2024, flat rolled products also significantly dominated over long products (79.38% and 19.04%, respectively).
“In the first seven months of 2025, the domestic market capacity was 2,302.7 thousand tons of rolled metal products, of which 862.7 thousand tons, or 37.46%, accounted for imports. In January-July 2024, the domestic market capacity was 2,034.6 thousand tons, of which 711.6 thousand tons, or 34.97%, were imported. Thus, in January-July 2025, there was an increase in the capacity of the domestic market relative to January-July 2024 by 13.18%, with a simultaneous increase in the share of imports by 2.49%,” the press release states.
According to the State Customs Service, the main export markets for Ukrainian rolled metal products in the first seven months of 2025 were the European Union (81.5%), other European countries (8.2%), and the CIS (6.7%).
Among metallurgical importers in January-July 2025, other European countries ranked first (55.4%), followed by the EU-27 (23.7%) and Asian countries (17.8%).
As reported, Ukraine’s rolled metal market in 2024 shrank by 6.26% compared to the previous year, to 3 million 288.4 thousand tons, while in 2023 it increased by 2.19 times compared to 2022, to 3 million 505.6 thousand tons.
In January-July of this year, Ukrainian metallurgical companies increased their revenues from exports of ferrous metals by 3.8% compared to the same period last year, to $1 billion 816.128 million.
According to statistics released by the State Customs Service (SCS) on Tuesday, ferrous metals accounted for 7.79% of total export revenues during this period, compared to 7.73% in January-July 2024.
In July, export revenues amounted to $277.615 million, compared to $275.767 million in the previous month.
At the same time, Ukraine increased imports of similar products by 9.1% to $954.486 million in January-July 2025. In July, products worth $144.918 million were imported.
In addition, in January-July 2025, Ukraine increased exports of metal products by 2.6% to $568.849 million. In July, exports amounted to $57.062 million.
Imports of metal products during this period increased by 7.7% to $658.076 million. In July, these products were imported for $137.568 million.
As reported, in 2024, Ukrainian metal companies increased their revenues from exports of ferrous metals by 16.9% compared to the previous year, to $3 billion 96.343 million. At the same time, Ukraine increased imports of similar products by 13.1% over the past year, to $1 billion 478.814 million.
In 2023, Ukraine reduced its revenues from exports of ferrous metals by 41.6% compared to 2022, to $2 billion 647.72 million, with ferrous metals accounting for 7.3% of total revenues from exports of goods during this period, while in 2022, the share was 10.3%. At the same time, Ukraine increased imports of similar products by 37% in 2023, to $1 billion 307.05 million.
In addition, in 2023, Ukraine reduced exports of metal products by 16.6% compared to 2022, to $877.92 million. At the same time, imports of metal products increased by 40.3%, to $902.57 million.
In January-July 2025, Ukrainian enterprises increased exports of ferrous metal scrap by 66.4% compared to the same period last year, to 248,342 thousand tons from 149,229 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, 44,842 thousand tons were exported in July, a record 47,691 thousand tons in June, 28.6 thousand tons in May, in April – 46,321 thousand tons, in March – 39,908 thousand tons, in February – 25,284 thousand tons, and in January – 15,696 thousand tons of scrap metal.
In monetary terms, scrap exports in January-July increased by 57.9% to $75.468 million from $47.801 million.
During this period, scrap exports were formally carried out mainly to Poland (82.17% of shipments in monetary terms), Greece (6.13%), and Italy (4.28%).
In the first seven months of the year, Ukraine imported 34 tons of scrap worth $12,000 from Poland (58.33%), the Seychelles (33.33%), and the British Virgin Islands (8.33%).
As reported, due to the sharp increase in exports of strategic raw materials from Ukraine, the Ministry of Economy initiated the introduction of a licensing and quota regime for scrap exports with a zero quota. A public discussion of the draft resolution is currently underway. Its implementation is expected to contribute to the smooth operation of Ukraine’s metallurgical and foundry industries, as well as to stabilize the situation with the supply of scrap on the domestic market of Ukraine.
In 2024, Ukraine’s scrap metal collection companies increased their exports of ferrous scrap by 60.7% compared to 2023, to 293,190 thousand tons from 182,465 thousand tons. In monetary terms, scrap exports for the year increased by 73.2% to $91.311 million from $52.723 million.
In January-July of this year, Ukraine increased exports of ferroalloys in physical terms by 60% compared to the same period last year, to 63,524 thousand tons from 39,691 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, in monetary terms, exports of ferroalloys increased by 48.2% to $71.345 million.
The main exports were to Algeria (26.78% of shipments in monetary terms), Poland (26.63%), and Turkey (22.22%).
In addition, in the first seven months of 2025, Ukraine imported 21,701 thousand tons of this product, a decrease of 66.4% compared to the same period in 2024. In monetary terms, imports fell by 60.2% to $42.576 million. Imports came mainly from Norway (20.95%), Kazakhstan (13.97%), and Armenia (9.83%).
As reported, the Pokrovsky Mining and Processing Plant (PGZK, formerly Ordzhonikidze Mining and Processing Plant) and the Marganetsky Mining and Processing Plant (MGZK, both – 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.
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, exports fell 3.4 times, to $88.631 million from $297.595 million. The main exports were to Poland (27.40% of shipments in monetary terms), Turkey (21.53%), and Italy (19.82%).
In addition, last year Ukraine imported 82,259 thousand tons of this product compared to 14,203 thousand tons in 2023 (an increase of 5.8 times). In monetary terms, imports increased 3.3 times, to $140.752 million from $42.927 million. Imports were mainly from Poland (32.71%), Norway (19.55%), and Kazakhstan (13.90%).
The business of ZZF, NZF, Stakhanov ZF (located at NKT), Pokrovsky and Marganetsky GOK was organized by PrivatBank prior to the nationalization of the financial institution. The Nikopol Ferroalloy Plant is controlled by the EastOne group, which was created in the fall of 2007 as a result of the restructuring of the Interpipe group, as well as the Privat group.
