[SMM Express] Ukraine’s scrap industry increased its exports of ferrous scrap by 52.1%

In January-October 2025, Ukraine’s scrap industry increased its exports of ferrous scrap by 52.1% compared to the same period in 2024, to 345.2 thousand tons. This figure has already exceeded last year’s total shipments by more than 52 thousand tons.

Poland remains the key export destination. Over 10 months, 285.26 thousand tons of raw materials were sent to the Polish market, which is 75.4% of the total export volume and 43.8% more compared to January-October 2024. Another 22.52 thousand tons of scrap were sent to Greece (+1.5% y/y), 8.72 thousand tons to Bulgaria (0.01 thousand tons a year ago), and 4.41 thousand tons to Germany (-23.9% y/y).

In October, Ukrainian scrap companies exported 33.36 thousand tons of raw materials, which is 35.9% more y/y and 15.9% m/m.

Revenue from scrap exports in October increased by 16% compared to the previous month and by 32.4% y/y – to $9.48 million. In January-October, the indicator increased by 43.4% y/y – to $103.05 million.