Ukraine’s ferroalloy industry achieved a significant rebound in export volumes during the first seven months of 2025. Ukrainian ferroalloy enterprises shipped 63.5 thousand tons of products from January to July 2025. This figure marks a 60% year-on-year increase from the 39.69 thousand tons exported during the same period in 2024.
Growth Drivers Behind Ukraine’s Ferroalloy Export Surge
The surge in exports reflects rising demand from key international markets. Algeria topped the list of importers with 18.28 thousand tons, followed closely by Poland with 15.6 thousand tons—a 61.8% increase compared to last year. Turkey and Italy also showed solid growth, importing 14.42 thousand tons and 7.92 thousand tons respectively, up 17.5% and 20.8% year-on-year. These countries remain crucial consumers of Ukrainian ferroalloy products, driven by their expanding steel and alloy manufacturing sectors.
However, July 2025 saw a slowdown in export volumes, which dropped by 10.4% month-on-month and 43.5% year-on-year, reaching 8.75 thousand tons. Algeria’s imports decreased by 39.2%, and Turkey’s by 53.1% compared to June. Meanwhile, Poland and Italy increased their monthly imports by 71.5% and 22.7% respectively. Despite the dip, export revenues for January-July 2025 rose substantially, totaling $71.34 million, up from $48.13 million a year earlier.
Ukraine’s Ferroalloy Industry Recovery and Market Outlook
After a sharp 49.4% decline in output during 2024, Ukrainian ferroalloy plants resumed operations between April and May following a forced shutdown in late 2023. Despite this recovery, total ferroalloy exports for 2024 plunged by 77.5%, from 344,170 tons in 2023 to 77,320 tons. Historical data highlights the volatility of Ukraine’s ferroalloy market, with exports dropping from 668,540 tons in 2021 to 349,560 tons in 2022.
Poland, Turkey, and Italy remain the primary consumers of Ukrainian ferroalloy products. In 2024, Poland imported 20,940 tons—significantly less than in 2023—while Turkey maintained steady imports of 45.69 thousand tons. Italy’s imports slightly declined to 16.96 thousand tons. These figures underline shifting trade dynamics and ongoing challenges in production capacity.
SuperMetalPrice Commentary:
Ukraine’s ferroalloy sector shows promising signs of recovery in early 2025 despite lingering supply constraints and geopolitical challenges. The 60% increase in exports reflects strategic shifts toward resilient markets like Algeria and Poland. However, the July export slowdown suggests seasonal or logistical pressures that producers must manage carefully. Moving forward, diversifying export destinations and stabilizing production will be critical for Ukraine to regain its foothold in the global ferroalloy supply chain. Industry stakeholders should watch how emerging market demand and global commodity price trends influence this rebound.
Leave a Reply
You must be logged in to post a comment.