Business news from Ukraine

Business news from Ukraine

“Ukrmetallurgprom” Asks Government to Give Metal Products Priority in Rail Transport

If the Cabinet of Ministers gives priority in rail transport to oil and fuel, then metal products should be given the same priority, said Oleksandr Kalenkov, president of the Ukrmetallurgprom Public Organization, in a post on the organization’s website.

According to him, the government is drafting a resolution that will give priority on railways, in ports, and at the border to two types of cargo: fuel and vegetable oil.

“There are no issues with fuel. Without it, businesses cannot operate, and the country will not survive the winter. But the fact that vegetable oil ended up second on the list—and metallurgy isn’t even on it—surprised me, to be honest,” Kalenkov wrote.

He added that the draft’s authors explain their choice by citing high added value and foreign exchange earnings. “I agree with that. But based on precisely these criteria, the metallurgical industry should have been among the first on the list. In 2025, our industry accounted for about 5.5% of GDP, 150 billion hryvnias in taxes, and $6 billion in foreign exchange earnings,” stated the head of “Ukrmetallurgprom.”

Kalenkov emphasized that today, steelworkers are operating under constant shelling and are on the brink of survival. Since July, seaports have been effectively closed. Now, the railway crossings on the western border and the Danube are our only route to customers. The cost of transporting raw materials has risen from $30 to $68 per metric ton of product.

“Europe needs Ukrainian steel. Our main advantage over Asian competitors lies in speed: we deliver in days or weeks, not months. Therefore, every day spent waiting in line at the border translates into lost revenue for the state. On behalf of the industry, we have officially appealed to the Prime Minister to include metal products in this pilot program under the same conditions as fuel and oil. If the state sets priorities based on added value and foreign exchange, the steel industry must be on that list,” concluded the president of the “Ukrmetallurgprom” Association.

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Ukraine Reduced Pig Iron Production by 22.9% Over 9 Months

Ukrainian steelmakers reduced pig iron production by 22.9% in January–September of this year compared to the same period last year, down to 4.463 million metric tons.

According to information released Friday by the “Ukrmetallurgprom” association, 113,000 metric tons of pig iron were produced in September, 257,100 metric tons in August, 432,200 metric tons in July, 670,600 metric tons in June, in May—634,400 metric tons, in April—554,000 metric tons, in March—690,200 metric tons, in February—561,900 metric tons, and in January—549,900 metric tons.

In 2025, Ukraine’s steel companies increased pig iron production by 11.2% compared to 2024, reaching 7.884 million metric tons.

In 2024, Ukraine increased pig iron production by 18.1% compared to 2023, reaching 7.090 million metric tons. In 2023, pig iron production fell by 6.1% to 6.003 million metric tons, and in 2022, it fell by 69.8% to 6.391 million metric tons.

In 2021, before the war, 21.165 million metric tons of pig iron were produced, or 103.6% of the 2020 level.

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Ukraine Reduced Rolled Steel Production by 23% Over 9 Months

According to preliminary data, Ukrainian steelmakers reduced their production of total rolled steel by 23% in January–September of this year compared to the same period last year, down to 3.729 million metric tons.

According to information released Friday by the “Ukrmetallurgprom” association, 137,000 metric tons of rolled steel were produced in September, 269,500 metric tons in August, 382,700 metric tons in July, 599,800 metric tons in June, in May—537,800 metric tons, in April—460,800 metric tons, in March—544,500 metric tons, in February—390,300 metric tons, and in January—406,400 metric tons.

In 2025, Ukraine’s steel companies increased their production of general-purpose rolled steel by 4.8% compared to 2024, reaching 6.521 million metric tons.

In 2024, Ukraine increased its production of general-purpose rolled steel by 15.8% compared to 2023—to 6.222 million metric tons from 5.372 million metric tons. In 2023, total rolled steel production rose by 0.4% to 5.372 million metric tons, while in 2022 it fell by 72% to 5.350 million metric tons.

In 2021, before the war, 19.079 million metric tons of rolled steel were produced, or 103.5% of the 2020 level.

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Ukraine Reduced Steel Production by 19.8% Over 9 Months

Ukrainian steelmakers reduced steel production by 19.8% in January–September of this year compared to the same period last year, down to 4.431 million metric tons.

According to information released Friday by the “Ukrmetallurgprom” association, 131,000 metric tons of steel were produced in September, 277,000 metric tons in August, 457,000 metric tons in July, 690,800 metric tons in June, in May—629,400 metric tons, in April—517,300 metric tons, in March—702,300 metric tons, in February—515,000 metric tons, and in January—511,100 metric tons.

In 2025, Ukraine’s steel mills reduced steel production by 2.2% compared to 2024, to 7.409 million metric tons.

In 2024, Ukraine increased steel production by 21.6% compared to 2023, to 7.575 million metric tons. In 2023, steel production fell by 0.6% to 6.228 million metric tons, and in 2022, it fell by 70.7% to 6.263 million metric tons.

In 2021, before the war, 21.366 million metric tons of steel were produced, or 103.6% of the 2020 level.

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Ukraine Reduced Pig Iron Production by 14.8% in January–August

Ukrainian steelmaking companies reduced pig iron production by 14.8% in January–August of this year compared to the same period last year, down to 4.350 million metric tons.

According to data from the “Ukrmetallurgprom” association, 257,100 metric tons of pig iron were produced in August, 432,200 metric tons in July, 670,600 metric tons in June, 634,400 metric tons in May, in April—554 thousand metric tons, in March—690.2 thousand metric tons, in February—561.9 thousand metric tons, and in January—549.9 thousand metric tons.

In 2025, Ukraine’s steel companies increased pig iron production by 11.2% compared to 2024, reaching 7.884 million metric tons.

In 2024, Ukraine increased pig iron production by 18.1% compared to 2023, reaching 7.090 million metric tons. In 2023, pig iron production fell by 6.1% to 6.003 million metric tons, and in 2022, it fell by 69.8% to 6.391 million metric tons.

In 2021, before the war, 21.165 million metric tons of pig iron were produced, or 103.6% of the 2020 level.

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Ukraine Reduced Rolled Steel Production by 15.6% in January–August

According to preliminary data, Ukrainian steelmakers reduced their production of total rolled steel by 15.6% in January–August of this year compared to the same period last year, down to 3.592 million metric tons.

According to information from the “Ukrmetallurgprom” association, 269,500 metric tons of rolled steel were produced in August, 382,700 metric tons in July, 599,800 metric tons in June, 537,800 metric tons in May, in April—460,800 metric tons, in March—544,500 metric tons, in February—390,300 metric tons, and in January—406,400 metric tons.

In 2025, Ukraine’s steel companies increased their production of general-purpose rolled steel by 4.8% compared to 2024, reaching 6.521 million metric tons.

In 2024, Ukraine increased its production of general-purpose rolled steel by 15.8% compared to 2023—to 6.222 million metric tons from 5.372 million metric tons. In 2023, total rolled steel production rose by 0.4% to 5.372 million metric tons, while in 2022, it fell by 72% to 5.350 million metric tons.

In 2021, before the war, 19.079 million metric tons of rolled steel were produced, or 103.5% of the 2020 level.

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