Business news from Ukraine

Business news from Ukraine

Ukrainian cast iron exports grew by 53.5% in 2025

18 January , 2026  

In 2025, Ukraine increased its exports of processed cast iron in physical terms by 53.5% compared to the previous year, to 1 million 980,620 thousand tons.

According to statistics released by the State Customs Service (SCS) on Friday, during the specified period, cast iron exports in monetary terms increased by 51.9% to $759.882 million.
Exports were mainly to the United States (68.25% of shipments in monetary terms), Italy (20.26%), and Turkey (3.63%).

Over the 12 months of last year, the country imported 39,000 tons worth $78,000 from Germany (51.95%) and Brazil (48.05%), while in January-December 2024, 38 tons of cast iron worth $90,000 were imported.

As reported, on March 12 of this year, in accordance with President Donald Trump’s decision, the US began imposing a 25% tariff on imports of Ukrainian steel products, except for cast iron.

In 2024, Ukraine reduced its exports of processed cast iron by 3.4% in physical terms compared to 2023, to 1 million 290.622 thousand tons, and by 6.1% in monetary terms, to $500.341 million. Exports were mainly to the US (72.64% of shipments in monetary terms), Turkey (8.03%), and Italy (7.30%).

For the whole of 2024, the country imported 38 tons of pig iron worth $90 thousand from Germany, while for the same period in 2023, it imported 154 tons of pig iron worth $156 thousand.

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