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.
