Ukraine’s steel industry showed positive movement in February 2024, with notable increases in both flat product imports and long product exports, reflecting a recovering market and growing trade activity.
Flat Steel Imports Up 10.8% Year-on-Year
Ukraine imported 53.5 thousand tons of flat rolled steel in February — a 10.8% increase compared to the same month in 2023. The rise is linked to ongoing domestic demand in construction and manufacturing, along with infrastructure rebuilding efforts.
Key sources of imports included:
-
Turkey – 37.7%
-
China – 18.6%
-
India – 17.4%
Long Steel Exports Jump 31.3% Month-on-Month
Exports of long steel products reached 58.6 thousand tons, marking a 31.3% rise from January. The increase was driven by improved logistics and solid demand from regional markets.
Top export destinations:
-
Romania – 26%
-
Poland – 19%
-
Bulgaria – 13%
These figures underline Ukraine’s gradual return to trade normalcy, with rising import needs and strengthening export performance. The steel sector continues to play a key role in both domestic recovery and international market presence.
Vietnam Steel by Hoa Sen Group
