Ukraine increase exports of long products by 26% y/y in January-April

In January-April 2025, Ukrainian steelmakers increased exports of long products by 25.9% compared to the same period in 2024, to 234.66 thousand tons. This is evidenced by GMK Center’s calculations based on the State Customs Service data.

Other rods and bars of carbon steel, not further processed, twisted (HS 7214) accounted for more than 38% of total exports of long products, amounting to 90.66 thousand tons (+38.6 y/y). Most of the products were exported to Poland – 46.06 thousand tons. 38 thousand tons were exported to Moldova and 4.39 thousand tons to Lithuania.

During the period, Ukrainian producers also exported 80.92 thousand tons of hot-rolled rods and bars made of carbon steel in coils (HS 7213), down 6.7% y/y. The company shipped 43.22 thousand tons to Romania, 17.38 thousand tons – to Poland and 9.37 thousand tons – to Bulgaria.

Another 44.47 thousand tons (-6.5% y/y) of exports were accounted for by carbon steel wire (HS – 7217). Key consumers include: Poland – 17.5 thousand tons, Germany – 8.08 thousand tons, Czech Republic – 5.37 thousand tons.

In April 2025, exports of long products from Ukraine amounted to 58.42 thousand tons, up 49.8% compared to April 2024 and down 3.9% month-on-month. Shipments of other carbon steel rods and bars, without further processing, and twisted rods amounted to 25.52 thousand tons (+3.8 times y/y; -7.2% m/m), hot-rolled rods and bars made of carbon steel in coils – 19.15 thousand tons (-0.9% y/y; +3.7% m/m), and wire – 10.98 thousand tons (+17.4% y/y; +3.1% m/m).

In January-April, foreign exchange earnings from exports of long products increased by 12.6% y/y – to $162.39 million, and in April, they increased by 42.2% y/y and 1.4% m/m – to $42.49 million.

As GMK Center reported earlier, in 2024, Ukraine increased exports of long products by 17.3% compared to 2023, from 523.34 thousand tons to 613.73 thousand tons. Hot-rolled rods and bars made of carbon steel in coils (HS 7213) accounted for more than 42% of total exports of long products, amounting to 258.33 thousand tons (+23% y/y). Foreign exchange earnings from long products exports in 2024 increased by 15.1% y/y – to $452.18 million.