Ukraine exported 1.47 million tons of flat rolled steel in January-October

In January-October 2025, Ukrainian steel companies increased exports of flat rolled products by 1.4% compared to the same period in 2024, to 1.469 million tons. This is evidenced by GMK Center calculations based on data from the State Customs Service.

More than 82% of exports are flat hot-rolled products (HS code 7208) – 1.21 million tons, which is 0.7% less year-on-year. The main consumers of products during the period were Poland (481,270 tons), Bulgaria (340,230 tons), and Italy (73,350 tons).

Another 14% of shipments, or 206.36 thousand tons (+19.5% y/y), accounted for flat cold-rolled products (HS code 7209). The key consumer of these products is Poland – 84.24 thousand tons. Another 29.52 thousand tons were exported to Bulgaria, and 24.53 thousand tons to Italy.

During the period, 52.42 thousand tons of coated flat rolled products (HS code 7210) were exported, which is 15.3% more y/y. Poland received 34.04 thousand tons of such products, Romania – 10.94 thousand tons, and the Czech Republic – 0.95 thousand tons.

In October, Ukrainian steelmakers exported 177.95 thousand tons of flat rolled products, which is 17.3% more year-on-year and 6.4% less month-on-month. Shipments of hot-rolled flat products amounted to 139.56 thousand tons (+21% y/y; -11.5% m/m), cold-rolled flat products – 33.3 thousand tons (+39.9% y/y; +31.3% m/m), coated flat products – 4.95 thousand tons (-25.7% y/y; -27% m/m).

Revenue from flat rolled steel exports in January-October decreased by 7.1% y/y – to $834.69 million, while in October it increased by 9.7% y/y and remained at the previous month’s level of $102.35 million.

As reported by GMK Center, in 2024 Ukraine increased its exports of flat rolled steel by 36.1% compared to 2023, to 1.63 million tons. More than 80% of supplies were flat hot-rolled products – 1.363 million tons (+44.7% y/y). Another 12% or 201.71 thousand tons (+0.7% y/y) were flat cold-rolled products.