export News — GMK Center

The NBU has relaxed the requirements regarding the repatriation of foreign currency proceeds for a number of export transactions

Masha Malonog — Mon, 15 Jun 2026 10:07:11 +0000

The National Bank of Ukraine (NBU) has extended the payment terms for certain export transactions involving pipes and railway equipment, carried out from 15 June 2026, from 180 to 270 days. This is stated in a notice issued by the regulator. This applies to goods classified under the following codes in accordance with the Ukrainian […]

The post The NBU has relaxed the requirements regarding the repatriation of foreign currency proceeds for a number of export transactions appeared first on GMK.

The government has approved Ukraine’s export strategy up to 2030

Masha Malonog — Fri, 05 Jun 2026 08:28:36 +0000

The government has approved Ukraine’s new Export Strategy for the period up to 2030. The document aims to increase the total volume of exports of goods and services to $85 billion from $48 billion by 2025, and to reduce the share of raw materials and low-value-added products within this total to 59% from 87.3%. This […]

The post The government has approved Ukraine’s export strategy up to 2030 appeared first on GMK.

Ukraine saw a 55% y/y decline in long-product exports in January–April

Masha Malonog — Mon, 01 Jun 2026 10:27:13 +0000

In January–April 2026, Ukraine’s steelmakers reduced exports of long steel products by 55% compared to the same period in 2025, down to 105,540 metric tons. This is according to calculations by the GMK Center based on data from the State Customs Service. 36.2% of total long product exports consisted of other carbon steel bars and […]

The post Ukraine saw a 55% y/y decline in long-product exports in January–April appeared first on GMK.

China increased exports of semi-finished products by 47.8% y/y in January–April

Masha Malonog — Tue, 26 May 2026 02:54:18 +0000

In January–April, China increased its exports of semi-finished steel products by 47.77% year-on-year, reaching 4.94 million tons. This is according to data from the country’s customs authorities, as reported by SteelOrbis. In April alone, the figure stood at 1.64 million tons, which is 7.3% more than in March and 109.03% more than in April 2025, […]

The post China increased exports of semi-finished products by 47.8% y/y in January–April appeared first on GMK.

Exports of flat steel from Ukraine rose to 575,000 tons in January–April

Masha Malonog — Mon, 25 May 2026 13:20:32 +0000

In January–April 2026, Ukrainian steel companies increased their exports of flat-rolled steel by 3.7% compared to the same period in 2025, reaching 574,800 metric tons. This is according to calculations by the GMK Center based on data from the State Customs Service. Over 81% of exports consisted of hot-rolled flat products (HS Code 7208)—467,400 tons, […]

The post Exports of flat steel from Ukraine rose to 575,000 tons in January–April appeared first on GMK.

Ferroalloys exports from Ukraine fell to 3,900 tons in January–April

Masha Malonog — Fri, 22 May 2026 08:42:18 +0000

In January–April 2026, Ukraine’s ferroalloy producers have virtually halted exports, a situation mirroring that of early 2024 (1,140 tons), when all plants were idle due to power supply issues. Over the first four months of this year, shipments totaled 3.93 thousand tons, compared to 38.96 thousand tons in January–April 2025. This is according to calculations […]

The post Ferroalloys exports from Ukraine fell to 3,900 tons in January–April appeared first on GMK.

Ukraine saw a 15.7% m/m decline in exports of semi-finished products in April

Masha Malonog — Thu, 21 May 2026 08:15:59 +0000

In April 2026, Ukraine’s steelmakers reduced exports of semi-finished steel products by 15.7% compared to the previous month, down to 116,550 metric tons. The decline amounted to 20.1% y/y. This is according to calculations by the GMK Center based on data from the State Customs Service. The main export destinations remain Bulgaria – 43,470 tons […]

The post Ukraine saw a 15.7% m/m decline in exports of semi-finished products in April appeared first on GMK.

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

Masha Malonog — Wed, 20 May 2026 08:12:06 +0000

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 post Ukraine increased exports of pig iron by 11.2% y/y in January–April appeared first on GMK.

Ukraine’s iron ore exports fell by 30.3% y/y in January–April

Masha Malonog — Mon, 18 May 2026 09:18:08 +0000

In January–April 2026, Ukraine’s mining industry reduced iron ore exports by 30.3% compared to the same period in 2025, down to 7.77 million tons. This is according to calculations by the GMK Center based on data from the State Customs Service. China has traditionally been the largest consumer of Ukrainian iron ore. During the period, […]

The post Ukraine’s iron ore exports fell by 30.3% y/y in January–April appeared first on GMK.

Imports to Ukraine have risen by 30%, while exports have increased by 4.5% over the past four months

Masha Malonog — Fri, 08 May 2026 09:07:45 +0000

According to figures for January–April 2026, imports of goods into Ukraine totaled $32.2 billion, while exports amounted to $13.9 billion. The volume of imports over the first four months of 2026 increased by 30% compared to the same period last year, while exports rose by only 4.5%. This was reported by the State Customs Service. […]

The post Imports to Ukraine have risen by 30%, while exports have increased by 4.5% over the past four months appeared first on GMK.

ArcelorMittal Kryvyi Rih’s strategy focuses on maintaining operations – CEO

Masha Malonog — Fri, 01 May 2026 08:54:49 +0000

The strategy of ArcelorMittal Kryvyi Rih PJSC focuses on sustainability and the continuity of operations. This was announced by the company’s CEO, Mauro Longobardo, during a conversation with local media, according to the corporate newspaper “Metallurg”. Despite the challenging business environment, ArcelorMittal Kryvyi Rih remains the city’s largest employer and a major taxpayer. In 2025, […]

The post ArcelorMittal Kryvyi Rih’s strategy focuses on maintaining operations – CEO appeared first on GMK.

India is projected to increase iron ore production by 8% in FY2026/2027

Masha Malonog — Mon, 27 Apr 2026 12:35:41 +0000

According to BigMint’s forecast, India will increase its iron ore production by nearly 8% year-on-year in the 2026/2027 fiscal year—to 340–345 million tons (up from 316 million tons). At the same time, the increase in supply will exceed demand from the country’s steel sector, and the additional volumes are unlikely to be fully absorbed by […]

The post India is projected to increase iron ore production by 8% in FY2026/2027 appeared first on GMK.

Ukraine saw a 60.5% y/y decline in long steel exports in Q1

Masha Malonog — Fri, 24 Apr 2026 12:12:12 +0000

In January–March 2026, Ukraine’s steelmakers reduced exports of long steel products by 60.5% compared to the same period in 2025, down to 69,580 metric tons. This is according to calculations by the GMK Center based on data from the State Customs Service. 37.7% of total long product exports consisted of other carbon steel bars and […]

The post Ukraine saw a 60.5% y/y decline in long steel exports in Q1 appeared first on GMK.

Exports of flat steel from Ukraine fell to 426,000 tons in Q1

Masha Malonog — Tue, 21 Apr 2026 14:33:02 +0000

In January–March 2026, Ukrainian steel companies reduced their exports of flat-rolled steel by 1.6% compared to the same period in 2025, down to 426,020 metric tons. This is according to calculations by the GMK Center based on data from the State Customs Service. Over 81% of exports consisted of hot-rolled flat products (HS Code 7208)—348,600 […]

The post Exports of flat steel from Ukraine fell to 426,000 tons in Q1 appeared first on GMK.

The ECA supported exports worth over 6 billion UAH in Q1

Masha Malonog — Tue, 21 Apr 2026 09:03:55 +0000

In January–March 2026, the Export Credit Agency (ECA) supported export contracts with a total value of 6.14 billion hryvnias. This is stated in a press release from the Ministry of Economy. In the first quarter, 17 loans were insured and 25 export agreements were supported for 21 Ukrainian exporters. Every hryvnia of the agency’s insurance […]

The post The ECA supported exports worth over 6 billion UAH in Q1 appeared first on GMK.

Exports of ferroalloys from Ukraine fell to 1,200 tons in Q1

Masha Malonog — Fri, 17 Apr 2026 12:15:34 +0000

According to figures for January–March 2026, Ukraine’s ferroalloy producers have virtually halted exports, a situation reminiscent of early 2024 (0.69 thousand tons), when all plants were idle due to power supply issues. Over the first three months of this year, shipments totaled 1.17 thousand tons, compared to 27.68 thousand tons in January–March 2025. This is […]

The post Exports of ferroalloys from Ukraine fell to 1,200 tons in Q1 appeared first on GMK.

Chinese steelmakers are coordinating their efforts in response to the European CBAM

Masha Malonog — Thu, 16 Apr 2026 09:49:38 +0000

China’s leading steel producers are coordinating their efforts in response to the full implementation of the European Union’s Carbon Border Adjustment Mechanism (CBAM), according to the South China Morning Post. This involves adjusting export strategies, compliance systems, and pricing models. As noted by Jiang Wei, vice chairman and secretary-general of the China Iron and Steel Association […]

The post Chinese steelmakers are coordinating their efforts in response to the European CBAM appeared first on GMK.

Ukraine increased exports of semi-finished products to 138,000 tons in March

Masha Malonog — Wed, 15 Apr 2026 07:12:26 +0000

In March 2026, Ukraine’s steelmakers increased exports of semi-finished steel products by 124.2% compared to the previous month, reaching 138,200 metric tons. The increase amounted to 47.8% y/y. These figures are based on calculations by the GMK Center using data from the State Customs Service. The main export destinations remain Bulgaria – 66,100 tons (+43.2% […]

The post Ukraine increased exports of semi-finished products to 138,000 tons in March appeared first on GMK.

Ukraine increased exports of pig iron by 0.6% y/y in January–March

Masha Malonog — Mon, 13 Apr 2026 09:17:13 +0000

According to data for January–March 2026, Ukraine’s steelmakers increased exports of merchant pig iron by 0.6% compared to the same period in 2025, reaching 456,630 metric tons. Compared to the previous quarter, volumes fell by 21.2%. This is evidenced by calculations by the GMK Center based on data from the State Customs Service. During the […]

The post Ukraine increased exports of pig iron by 0.6% y/y in January–March appeared first on GMK.

Australia’s coking coal exports fell by 2% y/y in Q1

Masha Malonog — Fri, 10 Apr 2026 09:33:21 +0000

In January–March 2026, Australia reduced its coking coal exports by 2% year-on-year – to approximately 33.38 million tons, according to data from BigMint. In March, the figure rose by 3.6% compared to the previous month—to 11.28 million tons—largely supported by improved port operations and the easing of earlier weather and logistical disruptions that had a […]

The post Australia’s coking coal exports fell by 2% y/y in Q1 appeared first on GMK.

Ukraine reduced iron ore exports by 33.9% y/y in Q1

Masha Malonog — Wed, 08 Apr 2026 09:27:31 +0000

In January–March 2026, Ukraine’s mining industry reduced iron ore exports by 33.9% compared to the same period in 2025, down to 5.61 million tons. Compared to the previous quarter, shipments decreased by 18.1%. This is evidenced by calculations from the GMK Center based on data from the State Customs Service. China has traditionally been the […]

The post Ukraine reduced iron ore exports by 33.9% y/y in Q1 appeared first on GMK.

CBAM to сut Ukrainian iron and steel exports by 2.5 mln t by 2030

gembarska94 — Wed, 01 Apr 2026 05:00:19 +0000

Ukrainian steel and iron exports to the EU face a diverging outlook under the carbon border adjustment mechanism (CBAM), with long products and square billet exposed to an immediate competitiveness shock with potential export losses of 2.5 million tons, according to a study of GMK Center which can be downloaded via the link. Ukrainian HRC […]

The post CBAM to сut Ukrainian iron and steel exports by 2.5 mln t by 2030 appeared first on GMK.

Russian steel exports rose by 20% in 2025

Masha Malonog — Thu, 26 Mar 2026 12:53:09 +0000

The Russian steel industry experienced a significant decline in output in 2025. This situation was caused by the combined impact of Western sanctions, low global prices for steel products, and a decline in domestic demand. No reversal of this negative trend is expected in 2026. Russian steel market figures The decline in the Russian steel […]

The post Russian steel exports rose by 20% in 2025 appeared first on GMK.

Ukraine reduced exports of long steel products by 64.4% y/y in January–February

Masha Malonog — Thu, 26 Mar 2026 11:10:02 +0000

In January–February 2026, Ukraine’s steelmakers reduced exports of long steel products by 64.4% compared to the same period in 2025, down to 41,100 metric tons. This is according to calculations by the GMK Center based on data from the State Customs Service. 39.8% of the total volume of long product exports consists of other carbon […]

The post Ukraine reduced exports of long steel products by 64.4% y/y in January–February appeared first on GMK.

The EU reduced exports of long steel products by 13.5% y/y in 2025

Masha Malonog — Fri, 20 Mar 2026 06:00:54 +0000

In 2025, EU steel companies had reduced exports of long steel products to third countries by 13.5% compared to 2024, down to 5.50 million tons. After growing by 3.6% y/y in 2024 and by 4.6% in 2023, the figure returned to a downward trend. The main pressure on exports came from a decrease in shipments […]

The post The EU reduced exports of long steel products by 13.5% y/y in 2025 appeared first on GMK.

The EU reduced exports of flat steel products by 7.8% y/y in 2025

Masha Malonog — Thu, 19 Mar 2026 06:53:05 +0000

In 2025, the European Union reduced its exports of flat steel products to third countries by 7.8% compared to 2024, down to 10.02 million tons. Following a 3.9% year-over-year increase the previous year, this indicates a return to negative trends in foreign shipments. The decline occurred against a backdrop of weak industrial conditions, intense competition […]

The post The EU reduced exports of flat steel products by 7.8% y/y in 2025 appeared first on GMK.

Exports of flat steel products from Ukraine rose by 10.6% y/y in January–February

Masha Malonog — Tue, 17 Mar 2026 10:26:02 +0000

In January–February 2026, Ukraine’s steel companies increased their exports of flat steel products by 10.6% compared to the same period in 2025, reaching 321,120 metric tons. This is according to calculations by the GMK Center based on data from the State Customs Service. Flat hot-rolled steel (HS Code 7208) accounted for over 82% of exports—265,830 […]

The post Exports of flat steel products from Ukraine rose by 10.6% y/y in January–February appeared first on GMK.

Exports of ferroalloys from Ukraine came to a virtual standstill in January and February

Masha Malonog — Mon, 16 Mar 2026 11:51:18 +0000

Based on the results for January–February 2026, Ukraine’s ferroalloy producers have virtually halted exports, a situation reminiscent of early 2024 (0.54 thousand tons), when all plants were idle due to power supply issues. Thus, over the first two months of this year, shipments totaled 0.84 thousand tons, compared to 19.17 thousand tons in January-February 2025. […]

The post Exports of ferroalloys from Ukraine came to a virtual standstill in January and February appeared first on GMK.

Ukraine reduced exports of semi-finished products by 50% m/m in February

Masha Malonog — Fri, 13 Mar 2026 14:16:39 +0000

In February 2026, Ukraine’s steelmakers reduced exports of semi-finished steel products by 49.5% compared to the previous month, down to 61,630 metric tons. The decline amounted to 48.7% y/y. This is according to calculations by the GMK Center based on data from the State Customs Service. The main export destinations remain Bulgaria — 38,980 tons […]

The post Ukraine reduced exports of semi-finished products by 50% m/m in February appeared first on GMK.

Ukraine increased its exports of pig iron by 88.4% y/y in January-February

Masha Malonog — Thu, 12 Mar 2026 08:41:01 +0000

In January-February 2026, Ukrainian steel enterprises increased their exports of commercial pig iron by 88.4% compared to the same period in 2025, to 288.14 thousand tons. This is evidenced by GMK Center calculations based on data from the State Customs Service. During this period, 258.04 thousand tons of pig iron were shipped to the US, […]

The post Ukraine increased its exports of pig iron by 88.4% y/y in January-February appeared first on GMK.

Ukraine reduced iron ore exports by 40.9% y/y in January-February

Masha Malonog — Wed, 11 Mar 2026 13:16:42 +0000

In January-February 2026, Ukraine’s mining industry reduced iron ore exports by 40.9% compared to the same period in 2025, to 3.31 million tons, the lowest level since 2023. This is evidenced by GMK Center calculations based on data from the State Customs Service. China is traditionally the largest consumer of Ukrainian iron ore. During the […]

The post Ukraine reduced iron ore exports by 40.9% y/y in January-February appeared first on GMK.

The ECA supported exports worth UAH 5.2 billion in January

Masha Malonog — Mon, 23 Feb 2026 08:50:36 +0000

During January 2026, the Export Credit Agency (ECA) supported Ukrainian non-commodity export contracts with a total value of UAH 5.2 billion. According to the agency, each hryvnia of the agency’s liability secured UAH 33.5 of future export revenue. The largest amount of support was provided to enterprises in the Khmelnytskyi region – UAH 4.6 billion. […]

The post The ECA supported exports worth UAH 5.2 billion in January appeared first on GMK.

Ukraine reduced its exports of long rolled steel by 62% y/y in January

Masha Malonog — Mon, 23 Feb 2026 08:25:20 +0000

In January 2026, Ukrainian steel companies reduced exports of long rolled steel products by 61.9% compared to January 2025, to 19 thousand tons. Compared to the previous month, the figure fell by 75.2%. This is evidenced by GMK Center calculations based on data from the State Customs Service. Carbon steel wire (HS 7217) accounted for […]

The post Ukraine reduced its exports of long rolled steel by 62% y/y in January appeared first on GMK.

Flat steel exports from Ukraine fell by 12.4% m/m in January

Masha Malonog — Thu, 19 Feb 2026 10:47:01 +0000

In January 2026, Ukrainian steel companies reduced exports of flat rolled products by 12.4% compared to the previous month, to 157.52 thousand tons. Compared to January 2025, the figure increased by 1.3%. This is evidenced by GMK Center calculations based on data from the State Customs Service. More than 81% of exports are flat hot-rolled […]

The post Flat steel exports from Ukraine fell by 12.4% m/m in January appeared first on GMK.

Ferroalloy exports from Ukraine fell to their lowest level since April 2024 in January

Masha Malonog — Mon, 16 Feb 2026 14:56:47 +0000

In January 2026, Ukrainian ferroalloy enterprises exported 0.76 thousand tons of products compared to 8.33 thousand tons (-90.8% y-o-y) during the same month of 2025. This is evidenced by GMK Center calculations based on data from the State Customs Service. Compared to the previous month, shipments decreased by 68.9%. Thus, exports fell to the lows […]

The post Ferroalloy exports from Ukraine fell to their lowest level since April 2024 in January appeared first on GMK.

Ukrainian reduced exports of semi-finished products by 25.2% m/m in January

Masha Malonog — Fri, 13 Feb 2026 14:24:42 +0000

In January 2026, Ukrainian steel enterprises reduced exports of semi-finished steel products by 25.2% compared to the previous month, to 121.99 thousand tons. Compared to the same period in 2025, the figure increased by 51.3%. This is evidenced by GMK Center calculations based on data from the State Customs Service. The main destinations for semi-finished […]

The post Ukrainian reduced exports of semi-finished products by 25.2% m/m in January appeared first on GMK.

Ukraine reduced pig iron exports by 27% y/y in January

Masha Malonog — Thu, 12 Feb 2026 13:23:37 +0000

In January 2026, Ukrainian steel companies reduced their exports of commercial pig iron by 27.1% compared to the same period in 2025, to 93.79 thousand tons. This is evidenced by GMK Center calculations based on data from the State Customs Service. Compared to the previous month, shipments in January decreased by 62%. This is the […]

The post Ukraine reduced pig iron exports by 27% y/y in January appeared first on GMK.

Scrap exports from Ukraine amounted to 9.3 thousand tons in January

Masha Malonog — Thu, 12 Feb 2026 07:15:17 +0000

In January 2026, Ukrainian scrap metal exporters exported 9.31 thousand tons of ferrous scrap, despite the introduction of temporary export restrictions from January 1, 2026. This is 40.7% less year-on-year and 86.4% less month-on-month (in December 2025, exports reached a record high since 2021 of 68.52 thousand tons). This is evidenced by GMK Center calculations […]

The post Scrap exports from Ukraine amounted to 9.3 thousand tons in January appeared first on GMK.

Ukraine reduced iron ore exports by 34.4% y/y in January

Masha Malonog — Tue, 10 Feb 2026 14:22:24 +0000

In January 2026, Ukraine’s mining industry reduced iron ore exports by 34.4% compared to January 2025, to 2.05 million tons. Compared to the previous month, the figure decreased by 7.5%. This is evidenced by GMK Center calculations based on data from the State Customs Service. China is traditionally the largest consumer of Ukrainian iron ore. […]

The post Ukraine reduced iron ore exports by 34.4% y/y in January appeared first on GMK.

Kametstal rebar expands its presence in EU markets

Masha Malonog — Mon, 09 Feb 2026 09:15:12 +0000

Metinvest Group’s steel products continue to strengthen their position in European construction markets. At the end of 2025, Kametstal’s reinforcing steel significantly expanded its supply geography in the EU. After receiving the green light on the Romanian market for B500C class rebar in October, in December the company completed the official certification of B500SP and […]

The post Kametstal rebar expands its presence in EU markets appeared first on GMK.

ECA supported Ukrainian exports worth UAH 10.43 billion in 2025

Masha Malonog — Wed, 04 Feb 2026 08:42:04 +0000

According to its 2025 results, the Export Credit Agency (ECA) supported Ukrainian exports by UAH 10.43 billion, which is almost 39% more than in 2024. This is stated in the agency’s report. For every hryvnia of ECA insurance liability last year, UAH 7.36 of exports were supported. In 2025, the agency insured 84 loan agreements […]

The post ECA supported Ukrainian exports worth UAH 10.43 billion in 2025 appeared first on GMK.

Scrap exports from Ukraine reached a four-year high in 2025

Masha Malonog — Mon, 02 Feb 2026 09:01:05 +0000

In 2025, Ukrainian scrap metal exporters increased exports of strategic raw materials by 53% compared to 2024, to 448.68 thousand tons. This figure is a four-year peak, i.e., the maximum since 2021. This is evidenced by GMK Center calculations based on data from the State Customs Service. Poland remains the main export destination. Over 12 […]

The post Scrap exports from Ukraine reached a four-year high in 2025 appeared first on GMK.

Exports of rolled steel products from Ukraine to the EU in 2025 amounted to 2.65 million tons

Masha Malonog — Mon, 02 Feb 2026 07:00:31 +0000

In 2025, Ukraine increased its supplies of finished steel products to the European Union. Exports of rolled steel products (flat and long products and pipes) grew by 24.6% y/y – to 2.65 million tons. The main contribution was made by the flat products segment, whose shipments increased by 16.9% y/y – to 1.60 million tons, […]

The post Exports of rolled steel products from Ukraine to the EU in 2025 amounted to 2.65 million tons appeared first on GMK.

China exported over 5 million tons of stainless steel in 2025

Masha Malonog — Thu, 29 Jan 2026 09:25:46 +0000

In 2025, China reduced its stainless steel exports by 0.3% – to 5.03 million tons. This is evidenced by data from Chinese customs authorities, according to Steel Orbis. Imports of this product amounted to 1.52 million tons at the end of last year, which is 19% less on an annualized basis. In December 2025, China […]

The post China exported over 5 million tons of stainless steel in 2025 appeared first on GMK.

Exports of iron and steel products from Ukraine continued to grow in 2025

Masha Malonog — Tue, 27 Jan 2026 07:00:47 +0000

In 2025, Ukraine’s iron and steel industry continued to increase its presence in the global market. Product export volumes increased in most segments, with a decline recorded only in shipments of iron ore, semi-finished products and pipes. Thus, exports of raw materials decreased by 8% last year compared to 2024, from 33.7 million tonnes to […]

The post Exports of iron and steel products from Ukraine continued to grow in 2025 appeared first on GMK.