Ukraine’s Long Rolled Steel Exports Surge by 44.4% in 2025

Ukrainian Long Rolled Steel Exports Surge Despite August Slowdown

Ukraine’s long rolled steel exports rose sharply in January–August 2025, growing 44.4% year-over-year to reach 576.04 thousand tons, based on official customs data. This significant growth reflects the country’s resilient steel sector and stable demand from neighboring markets such as Poland, Romania, and Moldova.

The largest segment of exports consisted of carbon steel bars and rods, twisted and not further processed (HS 7214), which totaled 221.71 thousand tons. Poland remained the top destination with 124.91 thousand tons, followed by Moldova and Lithuania. Exports of hot-rolled carbon steel bars and rods in coils (HS 7213) also climbed, reaching 228.46 thousand tons, up 31.8% year-over-year. Romania and Poland were key recipients, highlighting strong regional demand for construction-grade steel products.

However, in August 2025, total long rolled steel exports dipped to 77.07 thousand tons, marking a 4.5% y/y and 11.4% m/m decline. The slowdown affected all major product types except twisted bars, which saw a small year-on-year increase. Wire exports (HS 7217), particularly to Germany and the Czech Republic, declined 39% y/y, reflecting possible oversupply or seasonal demand changes.

Foreign Exchange Earnings from Steel Exports Continue Upward Trend

Ukraine’s steel sector also saw solid growth in export revenues. Between January and August 2025, earnings from long rolled steel exports jumped 35% y/y, totaling $401.24 million. Despite a softer August, when revenues fell 1.9% y/y and 10.4% m/m to $54.27 million, the year-to-date trend remains firmly positive.

In the broader context, Ukraine increased its long rolled steel exports by 17.3% in 2024 compared to 2023. That year, the country exported 613.73 thousand tons, with over 42% comprised of hot-rolled carbon steel bars in coils. Export earnings for 2024 also climbed to $452.18 million, up 15.1% year-over-year, showing a steady trajectory despite regional and logistical challenges.

These figures reinforce Ukraine’s role as a key supplier of carbon steel long products in Eastern Europe, especially for construction and infrastructure projects. With demand anchored in nearby EU markets, Ukrainian producers benefit from short-haul logistics and trade agreements that favor regional commerce.

SuperMetalPrice Commentary:

Ukraine’s long rolled steel export growth underscores the strategic importance of regional markets like Poland, Romania, and Moldova. While monthly fluctuations are expected—particularly during summer months or amid economic uncertainty—the year-on-year gains in both volume and value indicate strong structural demand. As rebuilding efforts continue across Europe and steel-intensive industries maintain activity, Ukraine’s producers are well-positioned to leverage geographic and cost advantages. However, rising competition and logistical bottlenecks could pressure margins, making product diversification and quality control essential for sustained growth.