Domestic prices for construction steel rolled products remained largely unchanged in November

Throughout November, prices for construction steel products in Ukraine fluctuated in different directions, but insignificantly – within +/- 1%. Since the beginning of this year, prices have risen for channels and hot-rolled sheets, and fallen for beams, angles, round 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 steel products have shown a slight decrease in prices since the beginning of this year:

• beam No. 20 – by 7.8%, to UAH 39.7 thousand per ton;
• profile pipe 100*4 – by 1.7%, to UAH 37.7 thousand per ton;
• round pipe 114*4 – by 1.7%, to UAH 38.7 thousand per ton;
• angle bar 63*5 – by 0.7%, to UAH 33.6 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 5.1% to UAH 58.8 thousand per ton;
• hot-rolled sheet 5–14 mm – by 3.4% to UAH 35.1 thousand per ton.

Prices for steel products largely depend on demand, which has remained fairly low since the beginning of the year. The growth in the volume of construction work performed in Ukraine over the first nine months amounted to 15.5% y/y. At the same time, the industry only turned positive in the summer, as construction dynamics remained negative (−7.5% y/y) in January–May.

As reported by GMK Center, the consumption of steel products on the Ukrainian market (excluding polymer-coated rolled products, stainless rolled products, and tinplate) in the first half of 2025 increased by 13% y/y and amounted to 1.65 million tons. However, taking into account the increase in steel 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.