Business news from Ukraine

Business news from Ukraine

Zaporizhkox increased coke production by 2.7% in 2025

PJSC Zaporizhkox, one of Ukraine’s largest producers of coke and chemical products and part of the Metinvest Group, increased its blast furnace coke production by 2.7% in 2025 compared to 2024, from 874,700 tons to 898,300 tons.

According to the company, 73,300 tons of coke were produced in December, compared to 76,300 tons in the previous month.

As reported, Zaporizhkox increased its blast furnace coke production by 2.1% in 2024 compared to 2023, to 874,700 tons from 856,800 tons.

In 2023, Zaporizhkox increased its output of blast furnace coke by 16% compared to 2022, to 856,800 tons from 737,400 tons.

Zaporizhkox has a complete technological cycle for the processing of coke-chemical products.

Metinvest is a vertically integrated mining group of companies. Its main shareholders are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.

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Tascombank is auctioning off SBK construction ceramics factory for UAH 76.8 mln

JSC Tascombank has put up for auction the Slobozhanska Budivelnaya Keramika (SBK) porous ceramic block factory in the Kyiv region on the OpenMarket electronic platform (SE “SETAM” of the Ministry of Justice), according to the SETAM press service.

The auction for the Kyiv branch of SBK is scheduled for January 2, 2026, with applications accepted until January 1 and a starting price of UAH 76.8 million. The property is located in the Kyiv region, Borodianka district, village of Ozery.

The lot includes a production complex with a total area of 15,906.4 square meters, 212 units of industrial equipment, and a land plot.

The sale includes the right to conclude a financial leasing agreement and a purchase and sale agreement for real estate and movable property belonging to the bank.

Auction details and terms of participation are available at: is.gd/Jr3aDv

The OpenMarket electronic auction has been operating in Ukraine since 2014 and is a convenient tool for purchasing and selling property online. In total, assets worth over UAH 26.7 billion have already been sold through the system.

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Steel production in Ukraine increased by 18.5% in November

In November of this year, Ukrainian metallurgical companies increased steel production by 18.5% compared to the same period last year, from 541,000 tons to 641,000 tons, but decreased by 1.1% compared to the previous month (648,000 tons).

In the ranking of global producers of this product, compiled by the World Steel Association (Worldsteel), Ukraine ranked 20th among 70 countries.

According to Worldsteel, in November 2025, there was a decrease in steel production compared to November 2024 in half of the top ten countries, except for India, the US, Turkey, Iran, and Brazil.

The top ten steel-producing countries in November were as follows: China – 69.870 million tons (down 10.9% from November 2024), India – 13.713 million tons (up 10.8%), the US – 6.8 million tons (+8.5%), Japan – 6.774 million tons (-1.6%), Russia – 5.190 million tons (-6.6%), South Korea – 4.965 million tons (-4.8%), Iran – 3.356 million tons (+9.2%), Turkey – 3.312 million tons (+10%), Germany – 2.841 million tons (-2.6%), and Brazil – 2.8 million tons (+0.7%).

Overall, steel production in November this year decreased by 4.6% compared to the same period last year, to 140.130 million tons.

Based on the results of the first 11 months of this year, the top ten steel-producing countries are as follows: China – 891.670 million tons (-4% compared to January-November 2024), India – 150.062 million tons (+10.3%), the US – 75.103 million tons (+3.2%), Japan – 74.102 million tons (-3.9%), Russia – 61.774 million tons (-5%), South Korea – 56.109 million tons (-3.7%), Turkey – 34.589 million tons (+2%), Germany – 31.346 million tons (-9.3%), Brazil – 30.788 million tons (-1.5%), and Iran – 28.798 million tons (+0.1%).

Over the first 11 months of this year, Ukrainian steel companies reduced steel production by 3.1% compared to the same period last year, from 7.028 million tons to 6.813 million tons. The country ranked 21st.

Overall, global steel production in January-November 2025 decreased by 2% compared to the same period in 2024, to 1 billion 662.222 million tons.

As reported, at the end of 2024, the top ten steel-producing countries among 71 countries were as follows: China – 1 billion 5.090 million tons (-1.7%), India – 149.587 million tons (+6.3%), Japan – 84.009 million tons (-3.4%), the US – 79.452 million tons (-2.4%), Russia – 70.690 million tons (-7%), South Korea – 63.531 million tons (-4.7%), Germany – 37.234 million tons (+5.2%), Turkey – 36.893 million tons (+9.4%), Brazil – 33.741 million tons (+5.3%), and Iran – 30.952 million tons (+0.8%).

In total, 71 countries produced 1 billion 839.449 million tons of steel last year, which is 0.9% less than in 2023.

At the same time, Ukraine produced 7.575 million tons of steel in 2024, which is 21.6% higher than in 2023 (6.228 million tons). The country ranked 20th in 2024.

In 2023, China produced 1 billion 19.080 million tons (at the level of the previous year), India – 140.171 million tons (+11.8%), Japan – 86.996 million tons (-2.5%), the US – 80.664 million tons (+0.2%), Russia – 75.8 million tons (+5.6%), South Korea – 66.676 million tons (+1.3%), Germany – 35.438 million tons (-3.9%), Turkey – 33.714 million tons (-4%), Brazil – 31.869 million tons (-6.5%), and Iran – 31.139 million tons (+1.8%). In total, 71 countries produced 1 billion 849.734 million tons of steel in 2023, which is 0.1% less than in 2022.

At the same time, Ukraine produced 6.228 million tons of steel in 2023, which is 0.6% less than in 2022. The country ranked 22nd in 2023.

At the end of 2022, the top ten steel-producing countries were as follows: China – 1.013 billion tons (-2.1%), India – 124.720 million tons (+5.5%), Japan – 89.235 million tons (-7.4%), the US – 80.715 million tons (-5.9%), Russia – 71.5 million tons (-7.2%), South Korea – 65.865 million tons (-6.5%), Germany – 36.849 million tons (-8.4%), Turkey – 35.134 million tons (-12.9%), Brazil – 33.972 million tons (-5.8%), and Iran – 30.593 million tons (+8%).

Ukraine ranked 23rd in 2022 with 6.263 million tons of steel (-70.7%).

In total, 64 countries produced 1 billion 831.467 million tons of steel in 2022, which is 4.3% less than in 2021.

Earlier, the Experts Club analytical center released a video analysis of the world’s leading steel producers from 2001 to 2024 – https://youtube.com/shorts/VgUU9MEMosE?si=c5yD04gmNtJoFblB

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Agricultural production in Ukraine fell by 6.6% in 11 months

Agricultural production in Ukraine fell by 6.6% in January-November 2025 compared to the same period last year, according to the State Statistics Service.

Thus, according to the results of 11 months of this year, the agricultural production index was 93.4% compared to January-November last year. In particular, the indicator for crop production reached 92.7%, and for livestock production – 96.2%.

Agricultural enterprises suffered slightly greater losses, with production at 93.2% of last year’s level. At the same time, the indicator for crop production reached 92.0%, and for livestock production – 100%. At the same time, the indicator for private farms was 93.7%. For crop production, it was 99.8%, and for livestock production, 90.4%.

The largest decline in production was recorded in the Donetsk region, where this index was 57.4% of last year’s level. There was also a significant decline in the Kherson (70.1%) and Dnipropetrovsk (79.3%) regions.

At the same time, two regions showed positive dynamics: in the Chernihiv region, the agricultural production index rose to 102.2%, and in the Vinnytsia region, to 101.6%.

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New factory for production of ready-made meals and semi-finished products is being built near Kyiv – Kysilevsky

The Dnipro-based Sol Union group of companies has begun construction of the Neo Food System factory in the Kyiv region. The project capacity of the enterprise will allow it to produce 60,000 ready-made meals per day. The factory will produce ready-to-eat chilled, pasteurized, sterilized, and deep-frozen meals. The group’s investment in this project amounts to UAH 220 million.

This was announced by Dmytro Kysilevsky, Deputy Chairman of the Verkhovna Rada Committee on Economic Development. He noted that Sol Union took advantage of several programs of the “Made in Ukraine” policy for the development of Ukrainian manufacturers to implement its current investment projects. In particular, the group took advantage of a state grant of UAH 8 million for processing, purchasing autoclaves manufactured by the Rozfood plant in Kyiv. In addition, the group attracted loans from the “5-7-9” program. It plans to further expand its loan portfolio.

The launch of the plant will create 260 new jobs in the Kyiv region. The production area is 4,000 square meters.

To implement the Neo Food System factory project, the group purchased a ready-made industrial premises that already has the necessary connected electricity, water supply, treatment facilities, and drainage. The installation of the enterprise’s equipment will begin in April 2026. The launch of production is scheduled for June, and the project is expected to reach its design capacity in September 2026. The first exports to EU countries are planned for 2027.

The Sol Union group of companies includes two food production and packaging factories, a vegetable storage facility with a capacity of 5,000 tons, and warehouses with a total area of 17,000 square meters. Until now, all of the group’s enterprises were located in Dnipro.

The “Made in Ukraine” development policy for Ukrainian manufacturers combines state programs aimed at developing production, attracting investment, and stimulating exports.

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Pig iron production in Ukraine increased by more than 10% in 11 months

Ukrainian metallurgical enterprises increased pig iron production by 10.2% in January-November this year compared to the same period last year, reaching 7.188 million tons.

According to the Ukrmetallurgprom association, 704,300 tons of pig iron were produced in November, which is an increase compared to October.

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