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.
The Ukrainian metallurgical industry continues to show positive recovery dynamics after a sharp decline due to the full-scale war. At the end of 2025, companies increased their total rolled steel production by 4.8% to 6.521 million tons, compared to 6.222 million tons in the previous year. This marks the second consecutive year of growth after a sharp decline in 2022.
However, statistics for 2025 revealed an ambiguous trend: with an increase in the output of finished rolled products, steel production for the year decreased slightly by 2.2% to 7.409 million tons. Such indicators may indicate the use of imported billets or strategic reserves of raw materials by enterprises. In December 2025, rolled steel production amounted to 554,400 tons, and steel production amounted to 596,700 tons.
Overall, the steel industry is showing resilience and potential for further recovery. Over two years (2024-2025), rolled steel production grew by more than 21% overall, and steel production by 19%. However, production volumes are still significantly lower than pre-war levels: in 2021, Ukraine produced over 21 million tons of steel and 19 million tons of rolled steel, which is three times higher than current figures.
Ukrainian metallurgical companies reduced their total rolled steel production by 1.4% in January-August 2025 compared to the same period last year, from 4.318 million tons to 4.256 million tons.
According to the Ukrmetallurgprom association, 633,200 tons of rolled steel were produced in August, compared to 552,000 tons in July.
As reported, Ukraine increased rolled steel production by 15.8% in 2024, to 6.222 million tons. In 2023, this figure increased by 0.4% to 5.372 million tons, and in 2022, it decreased by 72% compared to 2021.
Ukrainian metallurgical enterprises reduced total rolled steel production by 2.8% in January-July 2025 compared to the same period last year, to 3.622 million tons, according to operational data from the Ukrmetallurgprom association.
Steel production during this period decreased by 7% to 4.263 million tons.
In July 2025, Ukraine produced 552,000 tons of rolled steel and 580,500 tons of steel, compared to 563,000 tons and 621,400 tons in June.
For comparison, in 2024, rolled steel production increased by 15.8% to 6.222 million tons, and steel production by 21.6% to 7.575 million tons. In 2023, rolled steel production grew by only 0.4%, while steel production decreased by 0.6%.
In January–June 2025, Ukrainian metallurgical enterprises reduced total rolled steel production by 2.2% compared to the same period last year, to 3.070 million tons.
Steel production during this period decreased even more significantly, by 4.9%, to 3.683 million tons, according to operational data from the Ukrmetallurgprom association.
In June, metallurgists produced 563,000 tons of rolled products (in May — 524,900 tons) and 621,400 tons of steel (in May — 635,800 tons), which indicates slight fluctuations from month to month.
For comparison, in 2024, rolled steel production in Ukraine increased by 15.8% to 6.222 million tons, and steel production increased by 21.6% to 7.575 million tons.
In January-May of this year, Ukrainian enterprises increased their consumption of rolled metal products by 14.5% year-on-year to 1 million 557.8 thousand tons.
According to a press release from Ukrmetallurgprom, 591.8 thousand tons, or 37.98% of the domestic rolled metal consumption market, were imported during this period.
According to Ukrmetallurgprom, in 5 months of 2015, steel companies produced 2.057 million tons of rolled steel (97.6% compared to the same period in 2024), of which, according to the State Customs Service of Ukraine, about 1.541 million tons, or 61.5%, were exported. In January-May 2024, the share of exports amounted to 65.4% (1.680 million tons with a total production of 2.568 million tons of rolled steel).
The share of semi-finished products in export deliveries in January-May 2025 amounted to 32.23%, which is significantly lower than in January-May 2024 (46.79%). The share of flat products in export deliveries in January-May 2025 is significantly higher than in January-May 2024 (46.59% and 40.30%, respectively). The share of long products is also significantly higher than in January-May 2024 (20.18% in 2025 vs. 12.92% in 2024).
The structure of imports in January-May 2025 is still characterized by a significant dominance of flat products over long products (76.83% and 21.24%, respectively); in January-May 2024, the dominance of flat products over long products was also significant (82.09% and 16.12%, respectively).
“In 5 months of 2025, the domestic market capacity amounted to 1 million 557.8 thousand tons of rolled steel, of which 591.8 thousand tons, or 37.98%, were imported. In January-May 2024, the domestic market capacity amounted to 1 million 360.8 thousand tons, of which 472.8 thousand tons, or 34.74%, were imported. Thus, in January-May 2025, there was an increase in the domestic market capacity by 14.48% compared to January-May 2024, with a simultaneous increase in the share of the import component by 3.24%,” the press release states.
According to the State Customs Service, the main export markets for Ukrainian rolled metal products in 5 months of 2025 are the European Union (82.0%), the rest of Europe (8.4%) and the CIS (6.9%).
Among metallurgical importers in January-May 2025, the first place is occupied by other European countries (57.7%), the second by the EU-27 (23.5%), and the third by Asian countries (18.3%).
As reported, Ukraine’s rolled steel market in 2024 decreased by 6.26% year-on-year to 3 million 288.4 thousand tons, while in 2023 it increased 2.19 times compared to 2022 to 3 million 505.6 thousand tons.
