Friday, 15 August 2025 10:56 
⛓️ Trends in Ukraine’s Rolled Metal Market: A View Through Reinforcing Steel
Analytical data on the rolled metal market, and in particular on reinforcement bars, was presented by Roman Anzin, CEO of Vartis, during the CBU Business Club meeting held on July 23, 2025.
📊In the first quarter of 2025, there was an upward trend in both demand and consumption (351 thousand tons), driven by significant use of sheet and pipe rolled metal in the machine-building sector. Rebar showed a growth trend of 3–4%. In the second quarter, rebar consumption dynamics improved (143 thousand tons in Q1 and 166 thousand tons in Q2).
The main consumer is the construction sector — 72% of the rebar consumption market. This is followed by a sizable segment — manufacturing (26%), and infrastructure accounts for 2%.
📉“The first quarter, in terms of prices and dynamics, was much worse than 2024; the second quarter saw significant growth. We expect this trend to continue, and by the end of the year, we will, in principle, reach and even slightly exceed the volumes of 2024,” commented Roman Anzin.
The year 2025 demonstrates the continued shift of a larger market share to the west. This is the result of a combination of logistical advantages, demand from private construction, and recovery projects.
💬“The trend shows that the central region is currently maintaining its positions. However, more construction is taking place in the western region and, interestingly, in the eastern region as well — but rebar consumption there is driven by the construction of protective structures, underground schools, and other similar infrastructure projects that require rebar,” the expert added.
The global price dynamics were also reviewed. Unfortunately, Ukraine has shifted from a stage where it dictated prices on international markets to adapting to import prices. One of the major markets Ukraine looks to is Turkey.
💰In 2021, rebar prices on international markets reached almost USD 800 per ton, but the price has gradually decreased and now stands at USD 500 per ton. This trend indicates that the market is currently stagnating and is at the bottom of the pricing cycle, both in the rebar segment and in the metal market as a whole.
In the very long-term dynamic, a trend change generally occurs every 3–4 years. The year 2024 showed a price decline, and 2025 continues this downward trend.
According to the forecast, 2026 will show more stable prices, driven by increasing demand.
What else was discussed during the CBU Business Club:
🎥 Video recording of the first part (Ukrainian):
https://www.youtube.com/live/elRWrlPiTS0
Strategic business-partners of the CBU: East Office of Finnish Industries Oy, SKAKO Concrete A/S, NOCON NORWEGIAN CONSTRUCTION AS, VERONA SHELTERS GROUP OY
Information partners: ProfBuild, Build Portal, Property Times, RBC-Ukraine, Ukrainian Pohliad, Ukrainian National News, StroyObzor, NewsWeek, Marketer, Budynok.com.ua, Economist.com.ua, Founder
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