Ukraine’s steel exports saw a notable decline in the first ten months of 2025, falling by 9.9% to 3.68 million tons, according to data released by the Ukrainian Steel Association. Total steel production in the same period reached 5.38 million tons, compared to 5.26 million tons in the previous year, while the local market consumed around 2.06 million tons, representing 38.3% of total output.
Export performance varied by product category. Exports of flat steel products increased by 1.4% to reach 1.47 million tons, while exports of semi-finished steel recorded a sharp decline of 36% to 1.09 million tons. Meanwhile, long steel products saw strong growth of 43.8%, reaching 759,000 tons. The share of semi-finished products in total exports dropped to 32.87%, compared to 46.31% in the same period last year.
On the other hand, domestic steel consumption rose significantly by 31.6% to 3.44 million tons, with Ukraine relying on imports to cover 1.39 million tons, equivalent to 40.24% of total consumption. Steel imports in the January–October period reached 1.39 million tons, up 33.8% year on year. Imports of flat products increased by 12.7%, while imports of long products surged by 57.1%.
Ukraine also recorded an increase in exports of semi-finished steel in the same period, reaching 149,300 tons, compared to only 16,200 tons last year. The European Union remained the largest destination for Ukrainian steel exports, accounting for 80.8%, followed by other European countries at 8.6%, and the CIS at 5.8%.
As for imports, most originated from other European countries (50.6%), the EU (22.2%), and Asia (21.3%).
