Business news from Ukraine

Business news from Ukraine

Consumption of rolled metal products in Ukraine rose by 3.6% in first half of year

In January–June of this year, Ukrainian companies increased their consumption of rolled metal products by 3.64% compared to the same period last year—to 2 million 9.3 thousand metric tons.

According to a press release from the “Ukrmetallurgprom” association, 880.3 thousand metric tons were imported during this period, accounting for 43.81% of the domestic rolled steel consumption market.

According to “Ukrmetallurgprom,” in January–June 2026, Ukrainian steel companies produced 2.940 million metric tons of rolled steel (95.8% of the figure for the same period in 2025), of which, according to the State Customs Service of Ukraine, approximately 1.811 million metric tons—or 61.6%—were exported. In January–June 2025, the share of exports was 60.2% (1.848 million metric tons out of a total rolled steel production of 3.070 million metric tons).

The share of semi-finished products in export shipments in January–June 2026 was 42.85%, which is significantly higher than the figure for the same period in 2025 (30.90%). The share of flat products in exports in January–June 2026 was slightly lower than in January–June 2025 (43.90% and 46.81%, respectively). The share of long products, however, was noticeably lower than in January–June 2025 (13.35% in 2026 versus 22.29% in 2025).

The structure of imports in January–June 2026 is characterized by a marked dominance of flat-rolled products over structural steel (64.38% and 27.99%, respectively), however, in January–June 2025, the dominance of flat-rolled products over long products was significantly greater (77.30% and 20.96%, respectively).

“In January–June 2026, the domestic market capacity was 2,009.3 thousand metric tons of rolled steel, of which 880.3 thousand metric tons, or 43.81%, consisted of imports. In January–June 2025, the domestic market capacity was 1,938.7 thousand metric tons, of which 716.7 thousand metric tons, or 36.97%, were imported. “Thus, in January–June 2026, the domestic market capacity increased by 3.64% compared to January–June 2025, with a simultaneous 6.84% rise in the share of imports,” the press release states.

According to the State Customs Service, the main export markets for Ukrainian rolled metal in January–June 2026 were EU countries (80.0%), other European countries (10.6%), and the CIS (7.0%).
Among importers of rolled metal products in the first half of 2026, other European countries ranked first (48.5%), followed by Asian countries (25.8%), and EU-27 countries (16.4%).

As previously reported, Ukraine’s rolled metal market grew by 21.73% in 2025 compared to 2024, reaching 4 million 1.6 thousand metric tons. Imports totaled 1 million 603.6 thousand metric tons, accounting for 40.07% of domestic rolled metal consumption.
Ukraine’s rolled steel market in 2024 shrank by 6.26% compared to the previous year—to 3,288.4 thousand metric tons, while in 2023 it increased 2.19 times compared to 2022—to 3,505.6 thousand metric tons.

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ELECTRICITY CONSUMPTION IN UKRAINE UP BY 7%

Electricity consumption in Ukraine (net, excluding losses in power grids) in January-September 2021 amounted to 92.2 billion kWh, which is 6.9% more than in the same period in 2020 (86.2 billion kWh).
“The main reasons [for growth in consumption] are the absence in 2021 of strict quarantine measures to counter the spread of COVID-19, and as a result, an increase in consumption occurred all months, but most of all in March and April – by 11.6% and 12, 4%, respectively,” Ukrenergo said.
In addition, according to it, in July 2021, hotter weather was observed than in July 2020 (23.7° С versus 21.9° С), which led to an increase in consumption by 7.2%.
In general, over the nine months, all consumer groups increased energy consumption, except for agricultural enterprises, which reduced the volume of electricity used by 5.9%.
The largest increase in consumption was among the group of non-industrial consumers (small and medium-sized businesses) – by 18.1%, in construction – by 15% and transport – by 9.4%, due to the absence of strict quarantine restrictions.
In turn, the population increased the volume of electricity used by 5.6%, industry – by 6.7%.
In January-September 2021, energy consumption was increased by all industries, most of all – manufacturers of construction materials (by 17.1%) and machine builders (by 14.1%).
“In addition, it should be noted there was a significant increase in consumption by metallurgical, as well as chemical and petrochemical industries – by 6.5% and 7.1%, respectively,” Ukrenergo said.
According to the company, in the structure of electricity consumption for the nine months of 2021, there was a significant reduction in the share of the population – from 30.9% to 30.5% and a simultaneous increase in the group of non-industrial consumers – from 6.1% to 6.7%, which is also possible attributed to the lack of quarantine this year.
In addition, farmers reduced their share from 3.2% to 2.9%.
The rest of the consumer groups practically did not change their share.

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UKRAINE INCREASES ELECTRICITY CONSUMPTION

Electricity consumption in Ukraine in January-July 2021, taking into account in-process losses in power grids, increased by 6.2% compared to the same period in 2020, to 89.179 billion kWh, according to recent data from the Ministry of Energy.
According to the calculations of the Interfax-Ukraine agency, without taking into account in-process losses, electricity consumption for the specified period increased by 6.5%, to 72.438 billion kWh.
The country’s industry, excluding in-process losses, increased electricity consumption by 6.3%, to 30.207 billion kWh. Metallurgical industry consumed 16.791 billion kWh (more by 5.1% compared to January-July 2020), fuel industry – 1.903 billion kWh (2.6% up), machine building industry – 2.068 billion kWh (up by 14.2%), chemical and petrochemical – 2.558 billion kWh (up by 9.5%), food and processing – 2.404 billion kWh (down by 1.8%), building materials – 1.492 billion kWh (up by 20.3%), others – 2.991 billion kWh (up by 8.1%).
In addition, agricultural enterprises consumed 1.983 billion kWh (down by 7.1%), transport – 3.525 billion kWh (up by 9.4%), construction – 629.9 million kWh (up by 17.8%).
Over the seven months of this year, the population of the country consumed 22.661 billion kWh (up by 5.3%), household consumers – 8.664 billion kWh (up by 7.5%), other non-industrial consumers – 4.768 billion kWh (up by 15.1%).
According to the results of the seven months, the share of industry in the total volume of electricity consumption decreased from 41.8% to 41.7%, and the share of the population – from 31.6% to 31.3%.

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METALLURGICAL ENTERPRISES OF UKRAINE INCREASE ELECTRICITY AND GAS CONSUMPTION

Metallurgical enterprises of Ukraine in January-May this year increased consumption of natural gas by 8.8% compared to the same period last year, to about 800 million cubic meters.
According to an information note of the Ukrmetalurgprom association, electricity consumption by metallurgical enterprises during this period amounted to about 4.74 billion kWh (104.2% compared to January-May 2020).
As reported, metallurgical enterprises of Ukraine in 2020 increased consumption of natural gas by 4.4% compared to the previous year, to 1.88 billion cubic meters, and electricity consumption by metallurgical enterprises during this period amounted to about 11.1 billion kWh (99.4% versus 2019).

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UKRAINE INCREASES ELECTRICITY CONSUMPTION IN JAN-MARCH

Electricity consumption in Ukraine, taking into account in-process losses in power grids, increased by 6.5% in January-March 2021 (by 2.591 billion kWh) compared to the same period in 2020, to 42.316 billion kWh, the Energy Ministry told Interfax-Ukraine.
Excluding in-process losses electricity consumption in January-March 2021 increased by 6.1% (by 1.934 billion kWh), to 33.675 billion kWh.
The country’s industry, excluding in-process losses, boosted electricity consumption by 3.5%, to 12.923 billion kWh. In particular, metallurgical industry consumed 6.99 billion kWh (2.5% more compared to January-March 2020), fuel industry some 854.8 million kWh (0.1% less), machine building industry some 1.021 billion kWh (9.9% more), chemical and petrochemical some 1.094 billion kWh (9.5% more), food and processing some 1.055 billion kWh (1.3% less), building materials some 532.5 million kWh (8.3% more), others some 1.376 billion kWh (4.6% more).
In addition, agricultural enterprises consumed 897.2 million kWh (6.1% more), transport some 1.662 billion kWh (1.8% less), developers some 329.9 million kWh (18% more).
In January-March 2021, the country’s population consumed 11.291 billion kWh (10.3% more), households some 4.217 billion kWh (3.2% more), other non-industrial consumers some 2.355 billion kWh (11% more).
According to the results of the first three months, the share of industry in the total volume of electricity consumption decreased from 39.3% to 38.4%, while the share of the population increased from 32.2% to 33.5%.
In March 2021, electricity consumption, taking into account in-process losses, increased by 10.3% (by 1.306 billion kWh) compared to the same months of 2020, to 13.997 billion kWh, excluding in-process losses, by 10% (by 1.018 billion kWh), to 11.168 billion kWh.

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UKRAINE INCREASES ELECTRICITY CONSUMPTION IN JAN

Electricity consumption in Ukraine, taking into account in-process losses in power grids, increased 3.7% in January 2021 compared to January 2020, to 14.484 billion kWh, the Ministry of Energy has told Interfax-Ukraine.
Excluding in-process losses electricity consumption in January 2021 grew by 5.8%, to 11.662 billion kWh.
The country’s industry, excluding in-process losses, boosted electricity consumption by 5.2%, to 4.403 billion kWh. In particular, metallurgical industry consumed 2.349 billion kWh (1.6% more compared to January 2020), fuel industry some 296.8 million kWh (1% more), machine building industry some 349.5 million kWh (13.7% more), chemical and petrochemical some 380.3 million (14.4% more), food and processing some 365.5 million kWh (2.5% more), building materials some 190.9 million kWh (26.4% more), others some 471.3 million kWh (8.6% more).
In addition, agricultural enterprises consumed 332.6 million kWh (11.1% more), transport some 572.3 million kWh (5.2% less), developers some 107.1 million kWh (10.4% more).
In January 2021, the country’s population consumed 3.954 billion kWh (8.3% more), households some 1.517 billion kWh (5% more) and other non-industrial consumers some 776.4 million kWh (4.3% more).
The share of industry in total electricity consumption in January 2021 fell to 37.8% from 38%, while the share of the population grew to 33.9% from 33.1%.

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