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 this year, Ukraine reduced exports of semi-finished carbon steel products in physical terms by 34.1% year-on-year to 506,071 thousand tons.
According to statistics released by the State Customs Service (SCS) on Friday, exports of carbon steel semi-finished products fell by 34.7% to $248.953 million in monetary terms.
The main exports were mainly to Bulgaria (40.43% of supplies in monetary terms), Turkey (15.96%) and Poland (15.07%).
During the period, Ukraine imported 3,303 thousand tons of semi-finished products worth $2.687 million, mainly from the Czech Republic (72.47%), Italy (26.26%) and Romania (0.93%).
As reported, in 2024, Ukraine increased exports of carbon steel semi-finished products in physical terms by 56.7% compared to 2023 – up to 1 million 886.090 thousand tons, while revenue in monetary terms increased by 52.4% to $927.554 million. The main exports were made to Bulgaria (32.06% of supplies in monetary terms), Egypt (18.50%) and Turkey (11.14%).
In 2024, Ukraine imported 306 tons of semi-finished products worth $278 thousand from the Czech Republic (88.13%), Romania (7.19%), and Poland (2.88%), while in 2023 it imported 96 tons worth $172 thousand.
In 2024, Ukraine increased its apparent steel use by 5.9% compared to 2023, from 3.4 million tons to 3.6 million tons. Per capita consumption was 95 kg (compared to 93.4 kg in 2023). This is significantly lower than the global average of 214.7 kg per capita.
According to Worldsteel, Ukraine produced 7.6 million tons of steel in 2024 (6.2 million tons in 2023), ranking 22nd in the world. Despite the growth, Ukrainian companies did not make it into the list of the world’s 50 largest steel producers, whereas in 2014–2021, the Metinvest Group was present in it.
The world leaders in steel production in 2024 remained China Baowu Group (130.09 million tons), ArcelorMittal (65 million tons), Ansteel Group (59.55 million tons), Nippon Steel (43.64 million tons), and HBIS Group (42.28 million tons).
US President Donald Trump has announced that tariffs on steel imports to the US will be increased by 50%, which is twice the current rate, CNN reports.
“We are going to increase tariffs on steel in the United States by 25%, from 25% to 50%,” he said during a speech at a US Steel plant near Pittsburgh, Pennsylvania.
Trump added that he was considering a 40% tariff, but industry leaders told him they wanted a 50% tariff.
“At 25%, they can somehow get around this fence. At 50%, nobody will get around this fence,” the US president added.
He later wrote that tariffs on steel and aluminum would be increased to 50% starting Wednesday, June 4.
“I am honored to raise tariffs on steel and aluminum from 25% to 50% starting Wednesday, June 4. Our steel and aluminum industries are reborn like never before. This will be another big boost of great news for our great steel and aluminum workers. Let’s make America great again!” he wrote.
Earlier, the Experts Club analytical center released a global analysis of steel production by the world’s leading countries. For more details, follow the link: https://youtube.com/shorts/VgUU9MEMosE?si=EZIE-o9jE0w2O9Z_
According to preliminary data, Ukrainian metallurgical enterprises increased their production of total rolled products in January-April of this year by 0.5% compared to the same period last year, to 1.982 million tons from 1.973 million tons.
According to information from the Ukrmetallurgprom association on Friday, steel production during this period increased by 1% to 2.425 million tons, and pig iron production increased by 8.1% to 2.363 million tons.
In April, 547,000 tons of rolled steel, 692,000 tons of steel, and 661,000 tons of pig iron were produced, compared to 478,400 tons of rolled steel, 550,500 tons of steel, and 563,200 tons of pig iron in the previous month.
As reported, Ukraine increased its total rolled steel production in 2024 by 15.8% compared to the previous year, to 6.222 million tons from 5.372 million tons. Steel smelting during this period increased by 21.6% to 7.575 million tons, and pig iron by 18.1% to 7.090 million tons.
In 2023, Ukraine increased its total rolled steel production by 0.4% compared to 2022, to 5.372 million tons, but reduced steel production by 0.6%, to 6.228 million tons, and pig iron production by 6.1%, to 6.003 million tons.
In 2022, the country reduced total rolled steel production by 72% compared to 2021, to 5.350 million tons, steel by 70.7%, to 6.263 million tons, and pig iron by 69.8%, to 6.391 million tons.
In 2021, 21.165 million tons of pig iron (103.6% compared to 2020), 21.366 million tons of steel (103.6%), and 19.079 million tons of rolled steel (103.5%) were produced.
In January-April this year, Zaporizhzhia Iron and Steel Works “Zaporizhstal” increased its rolled steel output by 2.5% year-on-year to 865.7 thousand tons from 844.8 thousand tons.
According to the company’s press release on Thursday, steel production for the period amounted to 1 million 18.9 thousand tons (1 million 9.3 thousand tons in January-April 2024), and pig iron production amounted to 1 million 132.4 thousand tons (1 million 50.4 thousand tons).
In April, Zaporizhstal produced 282.8 thousand tons of iron, 270.6 thousand tons of steel, and shipped 228.3 thousand tons of rolled products.
As reported, in 2024, Zaporizhstal increased its rolled steel output by 18.1% compared to 2023 – to 2 million 426.7 thousand tons from 2 million 54.7 thousand tons, steel – by 17.2% to 2 million 890.8 thousand tons, pig iron – by 14.2% to 3 million 106.3 thousand tons.
“In 2023, Zaporizhstal increased its rolled steel output by 57.2% compared to 2022, to 2 million 54.7 thousand tons, steel by 65.4%, to 2 million 466.9 thousand tons, and pig iron by 35.3%, to 2 million 718.9 thousand tons.
“Zaporizhstal is one of the largest industrial enterprises in Ukraine, whose products are in great demand among consumers both in the domestic market and in many countries of the world.
“Zaporizhstal is in the process of integration into Metinvest Group, whose major shareholders are System Capital Management (71.24%) and Smart Holding Group (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.
