Ukraine increased exports of pig iron by 11.2% y/y in January–April

According to figures for January–April 2026, Ukraine’s steelmakers increased exports of commercial pig iron by 11.2% compared to the same period in 2025, reaching 638,300 metric tons. This is according to calculations by the GMK Center based on data from the State Customs Service.

During the period, 585,420 tons of pig iron were shipped to the U.S., a 23% increase year-on-year; 26,500 tons to Italy (-59.6% year-on-year); and 8,300 tons to Poland (-42.8% year-on-year).

In April, product shipments increased by 7.8% month-on-month and 51.2% year-on-year, reaching 181,670 tons. 162,980 tons of pig iron were shipped to the U.S. market (-0.9% m/m; +41.1% y/y), and 2,430 tons to Poland (-32.6% m/m; -28.6% y/y). No products were shipped to Italy last month.

Revenue from pig iron exports over the first four months totaled $243.57 million, up 7.6% year-on-year. In April, the figure rose by 11.3% month-on-month and 55.4% year-on-year, reaching $72.85 million.

As a reminder, in 2025, Ukraine’s steelmakers increased exports of commercial pig iron by 53.5% compared to the same period in 2024, reaching 1.98 million tons. Revenue from pig iron exports for the year totaled 759.88 million, a 51.9% year-on-year increase.

During the period, 1.33 million tons of pig iron were shipped to the U.S., a 41.6% year-on-year increase; to Italy – 416,310 tons (+346.3% year-on-year); to Poland – 61,370 tons (-2.7% year-on-year); and to the Netherlands – 52,030 tons.

In the fourth quarter, pig iron exports rose by 35.7% compared to the same period in 2024 and by 11.9% compared to the previous quarter, reaching 579,470 tons. This is the highest quarterly figure since the start of the full-scale invasion.