11,082.63 TRY BIST 100 BIST 100
5.89 CNY CNY CNY
48.27 EUR EUR EUR
41.71 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
39.37 TRY Interest Interest
64.63 USD Fossil Oil Fossil Oil
63.19 USD Silver Silver
11,082.63 USD Copper Copper
104.84 USD Iron Ore Iron Ore
338.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,167.38 TRY Gold (gr) Gold (gr)

Ukraine’s steel exports ease as domestic demand rises

Ukraine’s imports in the first seven months of 2025 continued to be dominated by flat rolled products, which accounted for 74.8% of total imports, compared with 20.2% for long products. A year earlier, the figures were 79.4% and 19.0%, respectively.

Ukraine’s steel exports ease as domestic demand rises

According to the association Ukrmetallurgprom, Ukrainian steel mills produced 3.62 million tonnes of rolled steel in January–July 2025, which is 97.2% of the volume recorded in the same period of 2024. Of this total, the State Customs Service of Ukraine reports that around 2.18 million tonnes (or 60.2%) were exported. For comparison, in January–July 2024, exports accounted for 64.5% of output (2.41 million tonnes out of 3.73 million tonnes).

The product structure of exports has shifted notably this year. The share of semi-finished products in exports dropped to 32.6% in January–July 2025, compared with 46.9% a year earlier. By contrast, the share of flat rolled products rose to 44.6% (from 39.8% in 2024), while long rolled products also saw growth, reaching 22.8% in 2025 versus 13.3% last year.

Ukraine’s imports in the first seven months of 2025 continued to be dominated by flat rolled products, which accounted for 74.8% of total imports, compared with 20.2% for long products. A year earlier, the figures were 79.4% and 19.0%, respectively.

The domestic steel market capacity in January–July 2025 amounted to 2.30 million tonnes, of which 862,700 tonnes (or 37.5%) came from imports. In the same period of 2024, the domestic market stood at 2.03 million tonnes, with imports totaling 711,600 tonnes (34.97%). This reflects a 13.2% increase in market capacity year-on-year, alongside a 2.5 percentage point rise in the import share.

In terms of geography, the European Union remained the dominant export market for Ukrainian rolled steel in the first seven months of 2025, accounting for 81.5% of shipments. Other European countries represented 8.2%, while CIS countries took 6.7%.

On the import side, Ukraine sourced most of its rolled steel from other European countries (55.4%), followed by the EU-27 (23.7%) and Asian countries (17.8%).

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

EuRIC has rebranded as "Recycling Europe"

Sunday, October 12, 2025

China defended its export controls on rare earth elements in response to the U.S. tariff threat

Sunday, October 12, 2025

Karapınar solar power plant prevented USD 1 Billion in natural gas imports

Sunday, October 12, 2025

Trump: A 100% additional tariff will be imposed on imports from China

Sunday, October 12, 2025

TürkTraktör plans to export over 10,000 tractors in 2025

Sunday, October 12, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now