Ukrainian metallurgical enterprises reduced revenue from the export of ferrous metals by 0.3% in the first nine months of 2025 compared to the same period last year, amounting to $2.392 billion. The share of ferrous metals in total goods exports was 8.09%, while in 2024 this figure was at 7.78%. At the same time, expenses for the import of ferrous metals increased by 15.7%, reaching $1.297 billion.
This is reported by Business • Media
Dynamics of Export and Import of Metal Products
The volume of metal product exports from Ukraine during the reporting period decreased by 4.1%, totaling $692.308 million. In contrast to exports, imports of this product increased by 14.5% – to $900.256 million. The rise in import spending on metal products indicates an increased demand for foreign goods in domestic industry and other sectors of the economy.
Growth in Exports of Ferroalloys and Pig Iron
From January to September 2025, Ukraine increased revenue from ferroalloy exports by 22.5% – to $86.926 million. The main markets for this product were Poland, Algeria, and Turkey. At the same time, expenses for the import of ferroalloys decreased by 53%, amounting to $56.990 million.
There was also a significant increase in pig iron exports: its volume in monetary terms grew by 65.4% – to $548.121 million. The vast majority of pig iron shipments (79.62%) were made to the USA. During this period, Ukraine imported 38,000 tons of pig iron worth $76,000.
“According to the State Customs Service, Ukrainian metallurgical enterprises reduced revenue from the export of ferrous metals by 0.3% in January-September of the current year compared to the same period last year – to $2.392 billion.”