![]()
|
Signature Sponsor
February 3, 2026 - In 2025, Ukrainian steel enterprises increased imports of coke and semi-coke (HS 2704) by 5.9% compared to 2024, to 700.65 thousand tons. This is evidenced by GMK Center calculations based on data from the State Customs Service. In December, imports of coke amounted to 57.85 thousand tons, which is 32.2% less than in the previous month and 49.1% more than in December 2024. The bulk of supplies for the year came from Poland – 657.84 thousand tons. Another 27.67 thousand tons of coke were imported from Indonesia and 15.08 thousand tons from the Czech Republic. In December, supplies from Poland fell by 33.4% month-on-month (55.83 thousand tons), while the Czech Republic supplied 2.01 thousand tons (+36.8% month-on-month). No raw materials were imported from Indonesia. Spending on raw material imports in 2025 increased by 1.4% y/y to $238.66 million, while in December it fell by 29.2% m/m and increased by 64.2% y/y to $20.66 million.
Between 2013 and 2024, coking coal production in Ukraine fell by 74%, while coke production fell by almost 85%. Most of the mines and coke chemical plants remained in uncontrolled territories – 64% of the total number. According to GMK Center estimates, to maintain production at the current level, namely the production of up to 6.5 million tons of steel using converter and open-hearth methods and 1.3 million tons of commercial pig iron, Ukraine needs 3.2 million tons of coke per year, of which up to 20% was imported in 2024. In early April, the first ship of 2025 with coking coal from the US, chartered by the Metinvest Group, arrived in Ukraine. The bulk carrier delivered 80,000 tons of raw materials from the United Coal Company, which is part of the group. Metinvest plans to carry out similar import deliveries every month. It should be noted that in 2024, Ukraine imported 661,490 tons of coke and semi-coke, which is twice the figure for 2023. A significant increase in supplies occurred in the second half of the year. Import costs for the year increased by 81.9% y/y to $235.47 million. |
![]()
|