Prices for channel bars and hot-rolled sheets have risen the most in Ukraine since the beginning of the year

Throughout September, prices for construction steel products in Ukraine remained stable. 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 construction steel products of the Ukrainian Steel Construction Center Association.

Since the beginning of this year, prices for the following steel products for construction have increased:

• channel bars No. 18 – by 3.8% to UAH 58.1 thousand per ton;
• hot-rolled sheet 5–14 mm – by 2.3% to UAH 34.7 thousand per ton.

Most items of construction metal products, on the contrary, have shown a slight decrease in prices since the beginning of the year:

• beam No. 20 – by 7.5% to UAH 39.8 thousand per ton;
• round pipe 114*4 – by 3% to UAH 38.3 thousand per ton;
• profile pipe 100*4 – by 3% to UAH 37.3 thousand per ton;
• angle bar 63*5 – by 2.6% to UAH 33 thousand per ton.

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

As GMK Center reported earlier, the volume of metal 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 amounted to about 9% y/y.