Business news from Ukraine

Business news from Ukraine

Ukraine’s exports of semi-finished steel products fell by 0.4% over four months

18 May , 2026  

In January–April of this year, Ukraine’s exports of carbon steel semi-finished products fell by 0.4% in volume terms compared to the same period last year, to 438,370 metric tons.

According to statistics released by the State Customs Service (SCS), 116,550 thousand tons of semi-finished products were exported in April, 138,203 thousand tons in March, 61,629 thousand tons in February, and 121,988 thousand tons in January.

In monetary terms, exports of carbon steel semi-finished products during this period decreased by 1.3% to $212.512 million.

The main export destinations were Bulgaria (44.73% of shipments in monetary terms), Turkey (15.42%), and Poland (13.55%).

In the first four months of 2026, Ukraine imported 40,501 thousand tons of semi-finished products worth $26.704 million from Oman (81.57%), the Czech Republic (13.17%), and Germany (4.98%), (there were no imports in March), whereas in January–April 2025, it imported 3,303 thousand tons worth $2.687 million.

As reported, in 2025 Ukraine reduced exports of steel semi-finished products by 26.4% in volume terms compared to the previous year—to 1,388,183 thousand tons, while revenue fell by 28.9%—to $659.625 million. The main exports went primarily to Bulgaria (32.73% of shipments in monetary terms), Poland (22.13%), and Turkey (14.88%).

Last year, Ukraine imported 88,923 thousand tons of semi-finished products worth $65.989 million, mainly from Oman (37.42%), Germany (22.21%), and the Czech Republic (16.71%), whereas in 2024, it imported 306 tons of semi-finished steel products worth $278,000.

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