In January-July 2025, Ukraine’s ferroalloy enterprises exported 63.5 thousand tons of products, compared to 39.69 thousand tons (+60% y-o-y) during the same period in 2024. This is evidenced by GMK Center’s calculations based on data from the State Customs Service.

The largest consumers of ferroalloy products during the period were: Algeria – 18.28 thousand tons, Poland – 15.6 thousand tons (+61.8% y/y), Turkey – 14.42 thousand tons (+17.5% y/y), and Italy – 7.92 thousand tons (+20.8% y/y).

In July of this year, the indicator fell by 10.4% compared to the previous month, and by 43.5% y/y – to 8.75 thousand tons. During the month, Algeria imported 3 thousand tons of Ukrainian products (-39.2% month-on-month), Poland – 1.31 thousand tons (+71.5% month-on-month), Italy – 0.85 thousand tons (+22.7% month-on-month), and Turkey – 1.44 thousand tons (-53.1% m/m).

Export revenue for January-July 2025 increased to $71.34 million compared to $48.13 million a year earlier. In July, the figure fell by 9% m/m and 45.6% y/y – to $10.22 million.

During 2024, Ukraine’s ferroalloy plants reduced their output by 49.4% y/y – to 108.2 thousand tons. The industry resumed operations in April-May after a forced shutdown in the fall of 2023.

Thus, ferroalloy exports for the year decreased by 77.5% compared to 2023, from 344,170 tons to 77,320 tons. In 2022, this figure was 349,560 tons, and in 2021, it was 668,540 tons.

The key consumers of Ukrainian-made ferroalloy products last year were Poland – 20,940 tons (189,340 tons in 2023), Turkey – 45.69 thousand tons (45.69 thousand tons), Italy – 16.96 thousand tons (18.74 thousand tons).

Source: https://gmk.center/