Ukraine increased its exports of long rolled products by 43.7% y/y in January-October

In January-October 2025, Ukrainian steel companies increased exports of long rolled metal products by 43.7% compared to the same period in 2024, to 757.96 thousand tons. This is evidenced by GMK Center calculations based on data from the State Customs Service.

Other carbon steel bars and rods, not further worked, twisted (HS code 7214) accounted for 38% of total exports of long products, amounting to 286.75 thousand tons (+123.6% y/y). The bulk of the products were sent to Poland – 147.08 thousand tons. Another 66.95 thousand tons were exported to Moldova, and 6.57 thousand tons – to Lithuania.

During the period, Ukrainian producers also exported 318.82 thousand tons of hot-rolled bars and rods made of carbon steel in coils (HS code 7213), which is 42.7% more than last year. Romania received 155.78 thousand tons, Poland – 79.09 thousand tons, and Bulgaria – 17.83 thousand tons.

Another 106.48 thousand tons (-8.4% y/y) of exports were accounted for by carbon steel wire (HS code 7217). Key consumers include Poland (37.18 thousand tons), Germany (20.52 thousand tons), and the Czech Republic (13.27 thousand tons).

In October, the figure was 82.11 thousand tons, which is 31.9% more than in October 2024 and 17.7% less than in the previous month. Shipments of other carbon steel bars and rods, not further processed, twisted amounted to 29.27 thousand tons (+30.7% y/y; -18.2% m/m), hot-rolled bars and rods made of carbon steel, in coils – 39.31 thousand tons (+69.9% y/y; -23% m/m), and wire – 9.44 thousand tons (-30.4% y/y; -1.2% m/m).

Foreign currency proceeds from exports of long products in January-October increased by 34.1% y/y – to $520.71 million, and in October – by 20.6% y/y, but decreased by 17.4% m/m – to $54.06 million.

In 2024, Ukraine increased its exports of long rolled metal products by 17.3% compared to 2023, from 523,340 tons to 613,730 tons. More than 42% of the total volume of long product exports is accounted for by hot-rolled bars and rods made of carbon steel in coils (HS code 7213) – 258.33 thousand tons (+23% y/y). Foreign exchange earnings from long products exports in 2024 increased by 15.1% y-o-y – to $452.18 million.