Domestic prices for construction steel products rose slightly in October

During October, prices for metal products for construction in Ukraine rose slightly, within the range of 1–1.3%. Since the beginning of this year, prices have risen for channel bars and hot-rolled sheets, while falling for beams, angles, round pipes, and profile pipes.

This is evidenced by the dynamics of the consolidated price index for rolled construction products of the Ukrainian Steel Construction Center Association.

Most construction metal products have shown a slight decrease in prices since the beginning of this year:

• beam No. 20 – by 7.2% to UAH 40,000 per ton;
• profile pipe 100*4 – by 1.7% to UAH 37.8 thousand per ton;
• round pipe 114*4 – by 1.7% to UAH 38.8 thousand per ton;
• angle bar 63*5 – by 1.3% to UAH 33.4 thousand per ton.

At the same time, since the beginning of 2025, prices for the following steel products in the construction range have increased:

• channel bar No. 18 – by 4.8%, to UAH 58.7 thousand per ton;
• hot-rolled sheet 5–14 mm – by 2.2%, to UAH 34.7 thousand per ton.

Prices for metal products largely depend on demand, which has remained relatively low since the beginning of the year. In January–July, the volume of construction work performed in Ukraine increased by 10% y/y, compared to last year’s growth of 18.6% y/y. The situation was complicated by a slowdown in the pace of engineering infrastructure construction (an increase of only 2.4% y/y), which had previously been a driver of growth for the entire construction industry.

As GMK Center reported earlier, the volume of steel products consumption in the Ukrainian market (excluding polymer-coated rolled products, stainless rolled products, and tinplate) in the first half of 2025 increased by 13% y-o-y and amounted to 1.65 million tons. However, taking into account the increase in metal traders’ inventories by more than 120,000 tons since the beginning of the year, the real growth in market capacity in January–June was about 9% y/y.