In January-March compared to the same period of 2025, exports of ferroalloys decreased 24 times, from 27.68,000 tons to 1.17,000 tons. And in monetary terms – 19 times, from $29.54 million to $1.59 million, biz.nv.ua reported.
This is evidenced by GMK Center’s calculations based on the data of the State Customs Service.
The largest importers of Ukrainian ferroalloy products during this period were Poland – 0.49 thousand tons, Romania – 0.26 thousand tons and the Netherlands – 0.23 thousand tons.
The main volume of supplies took place in January – 0.76 thousand tons, while in February 0.07 thousand tons of products were exported, and in March – 0.34 thousand tons.
According to Serhiy Kudryavtsev, executive director of UkrFA, the almost complete halt in exports reflects the general state of the industry at the beginning of 2026.
After operating in 2025 with a minimum utilization rate of about 10%, ferroalloy enterprises were forced to stop work from January 19 due to power shortages and high electricity prices, which form more than 50% of production costs, he said.
Additional pressure is exerted by logistical problems, in particular, difficult transportation of raw materials due to the destroyed communication between Margants and Nikopol, as well as staffing difficulties and restrictions on the work of enterprises in the frontline zone. Under such conditions, producers have actually lost the opportunity to maintain stable export supplies, Kudryavtsev said.
