According to Fixygen, the Kremenchuk Metal Products Plant (JSC) will hold a shareholders’ meeting on March 30, 2026, via remote participation. The agenda includes the approval of financial results, profit distribution, and other corporate matters.
The company manufactures a wide range of metal products and structures used in construction, mechanical engineering, and infrastructure projects.
The plant focuses on both the domestic market and industrial cooperation with other companies.
In January-February of this year, Ukrainian metallurgical companies reduced their revenues from ferrous metal exports by 1% compared to the same period last year, from $419.199 million to $415.095 million.
According to statistics released by the State Customs Service (SCS) on Tuesday, ferrous metals accounted for 6.42% of total export revenues during this period, compared to 6.67% in January-February 2025.
In February 2026, export revenues amounted to $210.235 million, compared to $205.081 million in the previous month.
At the same time, Ukraine increased imports of similar products by 6.6% in January-February 2026, to $243.314 million. In February, products worth $120.588 million were imported.
In addition, in January-February of this year, Ukraine reduced exports of metal products by 25.8% to $107.372 million. In February, exports amounted to $58.786 million.
Imports of metal products during this period increased by 13.5% to $156.610 million. In February, $79.882 million worth of these products were imported.
As reported, in 2025, Ukrainian metal companies increased their revenues from ferrous metal exports by 7.85% compared to the previous year, to $3 billion 339.487 million. Ferrous metals accounted for 8.25% of total export revenues for the year, compared to 7.42% in 2024. At the same time, Ukraine increased imports of similar products by 12.9% in 2025, to $1 billion 669.544 million. In addition, Ukraine reduced exports of metal products by 3% last year, to $916.151 million. Imports of metal products increased by 24.4% over the year, to $1 billion 290.608 million.
In 2024, metal companies increased their revenues from ferrous metal exports by 16.9% compared to 2023, to $3 billion 96.343 million. At the same time, Ukraine increased imports of similar products by 13.1%, to $1 billion 478.814 million.
In January-February of this year, Ukrainian metallurgical companies reduced their revenues from ferrous metal exports by 1% compared to the same period last year, from $419.20 million to $415.10 million.
According to statistics released by the State Customs Service (SCS) on Tuesday, ferrous metals accounted for 6.42% of total export revenues during this period, compared to 6.67% in January-February 2025.
In February 2026, export revenues amounted to $210.24 million, compared to $205.08 million in the previous month.
At the same time, Ukraine increased imports of similar products by 6.6% in January-February 2026, to $243.31 million, including $120.59 million worth of products imported in February.
In addition, in January-February 2026, Ukraine reduced exports of metal products by 25.8% to $107.37 million, with $58.79 million exported in February.
Imports of metal products during this period increased by 13.5% to $156.61 million, of which $79.88 million was imported in February.
As reported, Ukrainian metal companies increased their revenues from ferrous metal exports by 7.85% in 2025 compared to the previous year, to $3 billion 339.49 million. Ferrous metals accounted for 8.25% of total export revenues for the year, compared to 7.42% in 2024. At the same time, Ukraine increased imports of similar products by 12.9% in 2025, to $1 billion 669.54 million. In addition, last year Ukraine reduced exports of metal products by 3%, to $916.15 million. Imports of metal products increased by 24.4% over the year, to $1 billion 290.61 million.
In 2024, metal companies increased their revenues from ferrous metal exports by 16.9% compared to the previous year, to $3 billion 96.34 million. At the same time, Ukraine increased imports of similar products by 13.1%, to $1 billion 478.81 million.
In 2023, Ukraine reduced its revenues from ferrous metal exports by 41.6% compared to 2022, to $2 billion 647.72 million, with ferrous metals accounting for 7.3% of total revenues from goods exports, while in 2022 the share was 10.3%. At the same time, Ukraine increased imports of similar products by 37% in 2023, to $1 billion 307.05 million. In addition, in the same year, Ukraine reduced exports of metal products by 16.6% compared to the previous year, to $877.92 million. At the same time, imports of metal products increased by 40.3%, to $902.57 million.
According to the results of 2025, PJSC Kremenchug Metal Products Plant (Poltava region) reduced its net profit by 87% compared to the previous year – to UAH 742,947 thousand from UAH 5 million 568,961 thousand.
According to the agenda of the annual general meeting of shareholders, scheduled for March 30 of this year in remote mode, based on the results of the company’s financial and economic activities in 2025, it is proposed to approve a profit of UAH 742,947.69.
At the same time, it is proposed to leave the profit received in 2025 undistributed.
The shareholders intend to terminate the powers of the members of the supervisory board ahead of schedule and elect new ones.
As reported, based on the results of the company’s financial and economic activities in 2024, it was also proposed to leave the profit of UAH 5,568,961 thousand undistributed.
The Kremenchug Metal Products Plant was established in 1994 on the basis of the state-owned enterprise “Kremenchug Plant of Special Metal Structures and Communication Products” through its corporatization. In 2008, the Kryukiv Railway Car Building Works (KRSW) acquired the Kremenchug Metal Products Plant.
According to the NDU for the fourth quarter of 2025, AS Skinest Finants (Estonia), which is a shareholder of KVSZ, owns 75% of PJSC “Kremenchug Metal Products Plant”.
The company’s authorized capital is UAH 1,067,200, and the nominal value of a share is UAH 0.05.
Metinvest B.V. (Netherlands), the parent company of the Metinvest mining and metallurgical group, sold 39% of its steel products on the domestic market in January-September 2025, amounting to $3.777 billion, compared to 38% in the same period of 2024, with total sales of $3.688 billion.
According to a presentation based on Metinvest B.V.’s interim report for the first nine months of 2025, published on Tuesday, sales in Europe accounted for 49% of total sales during this period (the same as in the first nine months of 2024), in North America – 7% (6%), in the MENA macro-region – 3% (5%), and in other regions – 2% (2%).
At the same time, the share of iron ore sales in Ukraine during this period amounted to 14% of total sales – $1.698 billion – compared to 25% for the same period of the previous year with a total volume of $2.170 billion. The share of IRR sales in Europe (excluding Ukraine, European CIS countries, and Turkey) was 29% (32%), in Asia (excluding the Middle East and Central Asia) – 55% (42%), and in the MENA macro-region – 2% (1%). However, the mining segment’s revenues do not include United Coal’s results for either the first nine months of 2024 or the first nine months of 2025.
The presentation notes that sales in the metallurgical sector grew by 2% year-on-year, mainly due to higher sales volumes of pig iron (up 88%) and flat products (up 12%). These trends reflect an increase in both own and resale operations. The segment’s performance was also supported by higher shipments of own-produced long products (up 4%). Average steel sales prices for the first nine months of 2025 declined year-on-year in line with global trends, while finished steel prices in the third quarter of 2025 recovered compared to the previous quarter.
Ukraine and Europe remained key markets, accounting for 39% and 49% of the metallurgical sector’s total revenue, respectively.
Sales in the mining sector decreased by 7% year-on-year, mainly due to the suspension of operations at Pokrovskvuhillya and a 6% year-on-year decline in iron ore concentrate resales. Iron ore pellet shipments increased by 6% amid growth in production and stronger demand from key customers in neighboring markets. The Black Sea maritime corridor continued to support sales of iron ore products to Asia, increasing the region’s share to 55% (up 13 percentage points). Although average iron ore sales prices were in line with global benchmarks, FCA prices for concentrate increased due to improved logistics efficiency.
Sales in hard currency (US dollars, US dollar-pegged currencies, euros, and pounds sterling) accounted for 81% in the first nine months of 2025 (down 5 p.p. year-on-year).
Iron ore and steelmaking assets operated relatively steadily during the period in 2025, with no significant changes observed despite various operational difficulties caused by the war. Iron ore assets operated at an average of about 50% of pre-war capacity. The group secured alternative sources of coking coal for steel production.
After the overhaul of blast furnace (BF) No. 9 at the Kametstal plant in the first half of the year, pig iron production was restarted and restored to its original design capacity. Zaporizhstal, in turn, operated three of its four furnaces. Since the end of 2025, intensified Russian attacks targeting Ukraine’s energy infrastructure have led to significant electricity shortages and increased electricity rationing across the country. These disruptions affected the group’s assets and joint ventures, leading to a decline in production levels. Operations at Pokrovskvuhillya remain suspended.
In addition, Metinvest’s assets outside Ukraine reportedly continued to operate as separate business units while providing support for the group’s overall activities. In particular, operating activity at the group’s Italian rolling assets fluctuated depending on market conditions and the availability of profitable orders in Europe. Ferriera Valsider resumed hot-rolled coil production in the first half of 2025. The group’s plants in Bulgaria and the UK showed relatively stable results.
In December 2025, Metinvest acquired a Romanian welded pipe plant in Iasi with an annual capacity of 240,000 tonnes. This ensured stable sales for Zaporizhstal’s hot-rolled coils and increased Metinvest’s presence in the EU in the higher value-added steel products segment. The Group is in the final stages of selling United Coal (USA). Metinvest’s trading divisions, headquartered in Switzerland and Poland, continued to support the Group in generating revenue.
Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in the Donetsk, Luhansk, Zaporizhia, and Dnipropetrovsk regions – as well as in the European Union, the United Kingdom, and the US. The main shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.
In January-September of this year, Ukrainian metallurgical enterprises reduced their revenues from ferrous metal exports by 0.3% compared to the same period last year, to $2 billion 392.582 million.
According to statistics released by the State Customs Service (SCS) on Wednesday, ferrous metals accounted for 8.09% of total export revenues during this period, compared to 7.78% in January-September 2024.
In September, export revenues amounted to $308.547 million, compared to $267.907 million in the previous month.
At the same time, Ukraine increased imports of similar products by 15.7% in January-September 2025, to $1 billion 297.497 million. In September, products worth $180.271 million were imported.
In addition, in January-September 2025, Ukraine reduced exports of metal products by 4.1% to $692.308 million. In September, exports amounted to $71.107 million.
Imports of metal products during this period increased by 14.5% to $900.256 million. In September, $120.571 million worth of these products were imported.
As reported, in 2024, Ukrainian metal companies increased their revenues from ferrous metal exports by 16.9% compared to the previous year, to $3 billion 96.343 million. At the same time, Ukraine increased imports of similar products by 13.1% over the past year, to $1 billion 478.814 million.
In 2023, Ukraine reduced its revenues from ferrous metal exports by 41.6% compared to 2022, to $2 billion 647.72 million, with ferrous metals accounting for 7.3% of total revenues from goods exports during this period, while in 2022, the share was 10.3%. At the same time, Ukraine increased imports of similar products by 37% in 2023, to $1 billion 307.05 million.
In addition, in 2023, Ukraine reduced exports of metal products by 16.6% compared to 2022, to $877.92 million. At the same time, imports of metal products increased by 40.3%, to $902.57 million.
