Ukraine increased exports of long products by 31.3% m/m in February

In February 2025, Ukrainian metallurgical enterprises increased exports of long products by 31.4% compared to the previous month, to 65.56 thousand tons. The figure was up 21.4% compared to February 2024. This is according to GMK Center’s calculations based on data from the State Customs Service.

Hot-rolled rods and bars made of carbon steel in coils (HS 7213) were exported the most in the month, amounting to 29.46 thousand tons, up 11.4% yoy and 2.1 times m/m. A significant portion of deliveries was accounted for by other rods and bars of carbon steel, not further processed, twisted (HS 7214) – 19.28 thousand tons (+605% y/y, +5.1% m/m). Another 10.3 thousand tons (-19% yoy, -18% m/m) of exports were carbon steel wire (HS 7217).

In January-February of this year, exports of long products from Ukraine increased by 18.8% compared to the same period in 2024, to 115.46 thousand tons.

Shipments of hot-rolled rods and bars made of carbon steel in coils (wire rod) increased by 7% y/y – to 43.3 thousand tons. The majority of them were shipped to Romania – 25.89 thousand tons. Another 9.19 thousand tons were exported to Poland.

Exports of other rods and bars of carbon steel, without further processing, twisted (rebar) increased by 3.9 times y/y over 2 months to 37.63 thousand tons. The largest consumers are Moldova and Poland – 20.35 thousand tons and 17.24 thousand tons, respectively. Carbon steel wire accounted for another 22.84 thousand tons of exports (-13.9% y/y).

Revenues from long products exports in January-February increased by 3.7% y/y – to $78.01 million. In February, the figure increased by 7.1% y/y and 21.6% m/m – to $42.8 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 long products exports, 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.