Business news from Ukraine

Business news from Ukraine

Rolled steel production in Ukraine fell by 16.8% in two months

10 March , 2026  

According to preliminary data, Ukrainian metallurgical companies reduced their total rolled steel production in January-February this year by 16.8% compared to the same period last year, from 957,000 tons to 797,000 tons.

According to information from the Ukrmetallurgprom association on Monday evening, 390,300 tons of rolled steel were produced in February, compared to 406,400 tons in the previous month.

As reported, Ukrainian steel companies increased their total rolled steel production by 4.8% in 2025 compared to 2024, to 6.521 million tons from 6.222 million tons.

In 2024, Ukraine increased its total rolled steel production by 15.8% compared to 2023, to 6.222 million tons from 5.372 million tons.

In 2023, Ukraine increased its total rolled steel production by 0.4% compared to 2022, to 5.372 million tons.

In 2022, the country reduced its total rolled steel production by 72% compared to 2021, to 5.350 million tons.

In pre-war 2021, 19.079 million tons of rolled steel were produced, which was 103.5% of the 2020 level.

, ,