Exclusive Ukraine increased exports of flat products to 554 thousand tons in January-April

Hot-rolled flat products account for more than 80% of shipments

In January-April 2025, Ukrainian steelmakers increased exports of flat products by 4.1% year-on-year to 554.07 thousand tons. This is according to GMK Center’s calculations based on data from the State Customs Service.

Hot-rolled flat products (HS 7208) accounted for more than 80% of exports, up 3% y/y. The main consumers of the products during the year were Poland – 185.91 thousand tons, Bulgaria – 117.63 thousand tons, and Italy – 32.71 thousand tons.

Cold-rolled flat products (HS 7209) accounted for another 12.9% of shipments, or 71.61 thousand tons (+11.4% y/y). The key consumer of these products is Poland – 25.84 thousand tons. Another 8.97 thousand tons were exported to Bulgaria and 10.43 thousand tons to Italy.

In addition, 20.38 thousand tons of coated flat products were exported during the period, up 5.2% y/y. The company shipped 11.95 thousand tons of the product to Poland, 5.83 thousand tons to Romania and 0.59 thousand tons to the Czech Republic.

In April, Ukrainian steelmakers exported 120.99 thousand tons of flat products, up 7.1% y/y but down 15.2% m/m. Shipments of hot-rolled flat products amounted to 103.73 thousand tons (+2.9% y/y, -13.1% m/m), flat steel products – 13.16 thousand tons (+45.6% y/y, -21% m/m), and coated flat products – 3.87 thousand tons (+36.6% y/y, -40.8% m/m).

Revenue from flat products exports in January-April 2025 decreased by 7.7% y/y to $302.45 million, and in April – by 6.3% y/y and 9.4% m/m – to $70.58 million.

As GMK Center reported earlier, in 2024, Ukraine increased exports of flat products by 36.1% compared to 2023, to 1.63 million tons. Hot-rolled flat products accounted for more than 80% of shipments, amounting to 1.363 million tons (+44.7% y/y). Cold-rolled flat products accounted for another 12%, or 201.71 thousand tons (+0.7% y/y).