Business news from Ukraine

Business news from Ukraine

In 2024, Zaporizhstal mastered production of six new types of steel products

In 2024, Zaporizhstal Iron and Steel Works of Zaporizhzhia launched the production of six new types of sheet and coil products, which are in demand in the construction industry, railcar building, and hardware segment.

According to the company’s press release on Monday, over the past year, about 14 thousand tons of new products were shipped to consumers from Bulgaria, Poland, Slovakia and the domestic market.

“Ukrainian steelmakers are working despite the following: lack of workers; energy supply constraints; underutilization of production capacities; and the logistics crisis. In these realities, we are not just producing steel products – we are competing and fighting for customers, and in response to customer requests, we are developing new product mixes. In 2024, Zaporizhstal shipped 14 thousand tons of new product mixes to its customers. And the work on replenishing the product portfolio continues: we are currently working on the development of three more new types of products,” said Taras Shevchenko, Acting CEO of the steel plant.

At the same time, the press release clarified that in 2024, Zaporizhstal will launch four products in the cold-rolled segment. In particular, the S250GD coil, which is used for further galvanizing and other coatings, and then for the manufacture of lightweight steel thin-walled structures.

The press release also specified that in 2024, Zaporizhstal will launch four products in the cold-rolled segment. In particular, the S250GD coil, which is used for further galvanizing and other coatings, and then for the manufacture of lightweight steel thin-walled structures. The new products also include S215G rolled steel, which is used to manufacture open and welded metal profiles, sheets and other building structures.

Zaporizhstal’s metallurgists have also mastered the technology for producing DC01 coils with a thickness of 2.5 mm and cold-rolled plates with a thickness of 2.1-2.5 mm. These types of rolled products are used in conditions where the precision of product geometry and ease of forming with a sufficient level of mechanical strength are important.

In addition, in 2024, Zaporizhstal started production of two types of hot-rolled steel. These are coils and sheets of S355JR/S355J2 grades with a thickness of 2.75-2.79 mm, which are used in the production of electric-welded pipes and profiles, and a sheet with a size of 5.0×1500×6000 mm made of 09G2/09G2S steel for the manufacture of railway structural elements.

In total, in 2024, Metinvest Group’s Ukrainian steelmaking enterprises mastered the production of 20 new types of steel products in response to market demand.

“Zaporizhstal is one of the largest industrial enterprises in Ukraine, whose products are in great demand among consumers both in the domestic market and in many countries around the world.

“Zaporizhstal is in the process of being integrated into Metinvest Group.

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Ukraine significantly increased exports of semi-finished steel products in Jan-Sept

In January-September this year, Ukraine increased exports of carbon steel semi-finished products in physical terms by 65.5% year-on-year to 1 million 529.919 thousand tons. According to statistics released by the State Customs Service (SCS) on Tuesday, exports of carbon steel semi-finished products increased by 59.1% to $758.627 million in monetary terms.

The main exports were to Bulgaria (31.05% of supplies in monetary terms), Egypt (20.80%) and Turkey (10.08%).

In January-September 2024, Ukraine imported 5 tons of semi-finished products from Egypt for $5 thousand, while in January-September 2023, it imported 92 tons of semi-finished products from China for $169 thousand.

As reported, in 2023, Ukraine decreased exports of carbon steel semi-finished products in physical terms by 36.7% compared to 2022, to 1 million 203.454 thousand tons, while exports in monetary terms decreased by 48.9% to $608.516 million. The main exports were made to Bulgaria (36.66% of supplies in monetary terms), Poland (23.01%), and Italy (9.60%).

In addition, in 2023, Ukraine imported 96 tons of semi-finished products from China (98.26%) and Turkey (1.74%) for $172 thousand.

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Ukraine increased exports of semi-finished steel products by 68%

In January-July this year, Ukraine increased exports of carbon steel semi-finished products in physical terms by 68.1% year-on-year to 1 million 107.341 thousand tons.
According to statistics released by the State Customs Service (SCS) on Friday, exports of carbon steel semi-finished products increased by 55.1% to $549.282 million in monetary terms.
The main exports were to Bulgaria (34.90% of supplies in monetary terms), Egypt (13.19%) and Poland (9.82%).
In January-July 2024, Ukraine imported 5 tons of semi-finished products from Egypt for $5 thousand, while in January-July 2023 it imported 92 tons of semi-finished products for $169 thousand.
As reported, in 2023, Ukraine decreased exports of carbon steel semi-finished products in physical terms by 36.7% compared to 2022, to 1 million 203.454 thousand tons, while exports in monetary terms decreased by 48.9% to $608.516 million. The main exports were made to Bulgaria (36.66% of supplies in monetary terms), Poland (23.01%), and Italy (9.60%).
In addition, in 2023, Ukraine imported 96 tons of semi-finished products from China (98.26%) and Turkey (1.74%) for $172 thousand.

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Ukraine increased exports of semi-finished steel products by 61.6%

In January-June this year, Ukraine increased exports of carbon steel semi-finished products in physical terms by 61.6% year-on-year to 888,016 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, exports of carbon steel semi-finished products increased by 47.3% to $439.909 million in monetary terms.
The main exports were made to Bulgaria (35.49% of supplies in monetary terms), Poland (11.74%) and Italy (8.56%).
In January-June 2024, Ukraine imported 5 tons of semi-finished products from Egypt for $5 thousand, while in January-June 2023, it imported 72 tons of semi-finished products from China for $133 thousand.
As reported, in 2023, Ukraine decreased exports of carbon steel semi-finished products in physical terms by 36.7% compared to 2022, to 1 million 203.454 thousand tons, while exports in monetary terms decreased by 48.9% to $608.516 million. The main exports were made to Bulgaria (36.66% of supplies in monetary terms), Poland (23.01%), and Italy (9.60%).
In addition, in 2023, Ukraine imported 96 tons of semi-finished products from China (98.26%) and Turkey (1.74%) for $172 thousand.

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Ukraine increased exports of semi-finished steel products by 71.5%

In January-May this year, Ukraine increased exports of carbon steel semi-finished products in physical terms by 71.5% year-on-year to 768.207 thousand tons.

According to statistics released by the State Customs Service (SCS) on Thursday, exports of carbon steel semi-finished products increased by 55.6% to $381.078 million in monetary terms.

The main exports were made to Bulgaria (36.67% of supplies in monetary terms), Poland (12.46%) and Italy (9.88%).

In January-May 2024, Ukraine imported 5 tons of semi-finished products from Egypt for $5 thousand, while in January-May 2023, it imported 72 tons of semi-finished products from China for $133 thousand.

As reported, in 2023, Ukraine reduced exports of carbon steel semi-finished products in physical terms by 36.7% compared to 2022, to 1 million 203.454 thousand tons, while exports in monetary terms decreased by 48.9% to $608.516 million. The main exports were made to Bulgaria (36.66% of supplies in monetary terms), Poland (23.01%), and Italy (9.60%).

In addition, in 2023, Ukraine imported 96 tons of semi-finished products from China (98.26%) and Turkey (1.74%) worth $172 thousand.

In 2022, Ukraine decreased exports of carbon steel semi-finished products by 72% year-on-year to 1 million 899.729 thousand tons in physical terms and by 70.9% in monetary terms to $1 billion 191.279 million. The main exports were made to Bulgaria (26.55% of supplies in monetary terms), Poland (13.97%) and Italy (12.13%).

In 2022, Ukraine imported 5,558 thousand tons of similar products, which is 85.7% less than in 2021. In monetary terms, imports decreased by 86% to $3.634 million. Imports were made from the Russian Federation (96.92% of supplies before the war), China (1.84%), and Romania (1.21%).

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Ukraine almost doubles exports of semi-finished steel products

In January-April this year, Ukraine increased exports of carbon steel semi-finished products in physical terms by 96.9% year-on-year to 583,229 thousand tons.

According to statistics released by the State Customs Service (SCS) on Friday, exports of carbon steel semi-finished products increased by 82.2% to $288.324 million in monetary terms.

The main exports were made to Bulgaria (37.50% of supplies in monetary terms), Poland (15.84%) and Italy (7.74%).

In January-April 2024, Ukraine imported 5 tons of semi-finished products from Egypt for $5 thousand, while in January-April 2023, it imported 72 tons of semi-finished products from China for $133 thousand.

As reported, in 2023, Ukraine decreased exports of carbon steel semi-finished products in physical terms by 36.7% compared to 2022, to 1 million 203.454 thousand tons, while exports in monetary terms decreased by 48.9% to $608.516 million. The main exports were made to Bulgaria (36.66% of supplies in monetary terms), Poland (23.01%), and Italy (9.60%).

In addition, in 2023, Ukraine imported 96 tons of semi-finished products from China (98.26%) and Turkey (1.74%) for $172 thousand.

In 2022, Ukraine decreased exports of carbon steel semi-finished products by 72% year-on-year to 1 million 899.729 thousand tons in physical terms and by 70.9% in monetary terms to $1 billion 191.279 million. The main exports were made to Bulgaria (26.55% of supplies in monetary terms), Poland (13.97%) and Italy (12.13%).

In 2022, Ukraine imported 5,558 thousand tons of similar products, which is 85.7% less than in 2021. In monetary terms, imports decreased by 86% to $3.634 million. Imports were made from the Russian Federation (96.92% of supplies before the war), China (1.84%), and Romania (1.21%).

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