Business news from Ukraine

Business news from Ukraine

Exports of rolled metal products from Ukraine exceeded 2.18 mln 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.

 

,