Consumption of steel structures in Ukraine increased by 15% y/y in 2024 – USCC

In 2024, consumption of steel structures increased to 91 thousand tons, up 15% from 91 thousand tons in 2023. Industry experts expect the market to grow by 10-12% y/y in 2025 – to 102 thousand tons.

This is evidenced by the results of a study by the Ukrainian Steel Construction Center (USCC).

“The steel construction market in Ukraine continues to recover from the crisis caused by the war and economic challenges. The growth in steel consumption is due to an increase in imports in 2024 compared to the previous year. Also, in the first half of the year, there was a positive trend due to the implementation of infrastructure projects,” the study says.

Restrictions on the energy supply to enterprises due to massive attacks on Ukrainian energy facilities, a shortage of qualified personnel due to increased mobilization and outflow of labor, and logistical difficulties are the constraints on the development of the steel structures market.

In 2025, the Association’s experts expect the consumption of steel structures to continue to grow by 10-12% to 102 thousand tons by the end of the year, provided that the economy stabilizes and further financing of the country’s reconstruction is provided.

“At the same time, the existing challenges require active support from the government and international partners to ensure the stable development of the industry in the future. The main trends for 2025 are an increase in public procurement for infrastructure projects, the restoration of the energy sector, and the construction of logistics and industrial centers,” the USCC adds.

The volume of construction works in Ukraine in 2024 increased by 15.5% y/y – to UAH 204.7 billion. According to GMK Center, the construction market in dollar terms increased by 14.6% y/y – to $5.1 billion in 2024. However, this is 45.2% lower than in pre-war 2021 ($9.3 billion).

As GMK Center reported earlier, the positive dynamics of the steel structures market is due to the restoration of damaged infrastructure in all frontline areas and in regions where hostilities took place and new construction projects. In terms of industry, demand for road steel structures decreased significantly, while demand for steel structures for energy facilities and the agricultural sector increased.

  • Global Market

Apparent steel consumption in the EU could rise by 0.4% y/y in 2026 – EUROFER

The European Steel Association (EUROFER) forecasts that apparent steel consumption in the EU will continue…

Thursday June 25, 2026
  • Global Market

The UK has published details of new protective measures concerning steel

On 25 June, the UK government announced details of new safeguard measures on steel. From…

Thursday June 25, 2026
  • Global Market

The US reduced imports of rolled steel by 26.8% y/y in January–May

In January–May 2026, the US imported 6.7 million short tonnes of rolled steel, a year-on-year…

Thursday June 25, 2026
  • Companies

Třinecké železárny produced 2.4 million tonnes of steel in 2025

The Czech steelmaker Třinecké železárny produced 2.42 million tonnes of steel in 2025 – a…

Thursday June 25, 2026
  • Companies

Stegra has closed a $1.6 billion funding round

The Swedish company Stegra has announced the completion of a €1.4 billion ($1.6 billion) funding…

Thursday June 25, 2026
  • Global Market

China’s stainless steel exports fell by 30.8% y/y in January–May

In the first five months of 2026, stainless steel imports into China totalled 634.8 thousand…

Thursday June 25, 2026