In January-October of this year, the Zaporizhstal Iron and Steel Works in Zaporizhia increased rolled steel production by 14.5% compared to the same period last year, to 2 million 291.8 thousand tons.
According to the plant’s press release, steel production for the period amounted to 2 million 660.6 thousand tons (in January-October 2024 – 2.418 million tons), and pig iron production amounted to 2 million 945.1 thousand tons (2.5622 million tons).
In October, Zaporizhstal produced 302,500 tons of pig iron, 275,400 tons of steel, and 204,900 tons of rolled products, while in the previous month it produced 303,400 tons of pig iron, 279,800 tons of steel, and 247,300 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, and steel output by 17.2%, to 2 million 890.8 thousand tons, and pig iron by 14.2%, to 3 million 106.3 thousand tons.
In 2023, Zaporizhstal increased its rolled steel production 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 Ukraine’s largest industrial enterprises, whose products are in high demand among consumers both in the domestic market and in many countries around the world.
Zaporizhstal is a joint venture of the Metinvest Group, whose main shareholders are System Capital Management (71.24%) and Smart Steel Limited (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.
In January-September of this year, PJSC Zaporizhstal reduced its net profit by 3.1% compared to the same period last year, to UAH 1 billion 547.508 million from UAH 1 billion 597.318 million.
According to the company’s interim report in the NSSMC’s information disclosure system, its net income for this period increased by 0.9% to UAH 53.583 billion from UAH 53.131 billion.
Retained earnings at the end of September 2025 amounted to UAH 32.558 billion.
According to the annual report, Zaporizhstal received a net profit of UAH 1 billion 593.521 million in 2024, compared to a net loss of UAH 3 billion 899.537 million a year earlier. At the same time, revenue in 2024 amounted to UAH 70 billion 307.933 million, compared to UAH 56 billion 428.254 million in 2023.
The total number of employees of the group at the beginning of 2025 was 9,328 thousand. In 2024, the wage fund amounted to UAH 2 billion 742.616 million.
In 2025, the company plans to develop three types of new products: hot-rolled coils and cut sheets of S355JRC steel (suitable for cold forming); hot-rolled coils and cut sheets of S355 steel measuring 2.5-2.7×1000-1250 mm, and cold-rolled coils of S280GD steel for galvanizing.
As reported, Zaporizhstal ended 2022 with a net loss of UAH 4 billion 864 million 684.828 thousand, while in 2021 it received a net profit of UAH 16 billion 809 million 158.412 thousand.
Zaporizhstal is one of Ukraine’s largest industrial enterprises, whose products are widely known and in demand on the domestic market and in many countries around the world.
According to the company’s data at the end of 2024, Kyiv Security Group LLC owns 24.5% of Zaporizhstal’s shares, Midland Capital Management LLC (both based in Kyiv and registered at the same address) owns 11.22%, Global Steel Investments Limited (United Kingdom) – 12.35%, Metinvest B.V. (Netherlands) – 47.003174%.
According to the NDU data for the second quarter of 2025, Kyiv Security Group LLC owns 24.5% of Zaporizhstal shares, Midland Capital Management LLC (both based in Kyiv and registered at the same address) owns 11.22%, Global Steel Investments Limited (United Kingdom) – 12.34%, Metinvest B.V. (Netherlands) – 47%.
Earlier it was reported that Metinvest Group’s effective shareholding in Zaporizhstal remains at 49.9%.
Zaporizhstal is in the process of integration into the Metinvest Group, whose main shareholders are System Capital Management (71.24%) and the Smart Holding group of companies (23.76%).
Metinvest Holding LLC is the managing company of the Metinvest Group.
In January-September of this year, the Zaporizhstal metallurgical plant increased its rolled steel production by 14.1% compared to the same period last year, from 1.829 million tons to 2.0866 million tons.
According to the plant’s press release, steel production for the period amounted to 2 million 385.2 thousand tons (in January-September 2024 – 2 million 176.7 thousand tons), and 2 million 642.6 thousand tons of pig iron (2 million 297.5 thousand tons).
In September, Zaporizhstal produced 303.4 thousand tons of pig iron, 279.8 thousand tons of steel, and 247.3 thousand tons of rolled products, compared to 309 thousand tons of pig iron, 264 thousand tons of steel, and 231.2 thousand tons of rolled products in the previous month.
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, and steel output by 17.2%, to 2 million 890.8 thousand tons, and pig iron by 14.2%, to 3 million 106.3 thousand tons.
In 2023, Zaporizhstal increased its rolled steel production 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 Ukraine’s largest industrial enterprises, whose products are in high demand among consumers both in the domestic market and in many countries around the world.
Zaporizhstal is a joint venture of the Metinvest Group, whose main shareholders are System Capital Management (71.24%) and Smart Steel Limited (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.
In January-August of this year, the Zaporizhstal steel plant in Zaporizhia increased its rolled steel output by 11.9% compared to the same period last year, from 1 million 644.4 thousand tons to 1 million 839.3 thousand tons.
According to the plant’s press release on Wednesday, steel production for the period amounted to 2 million 105.5 thousand tons (in January-August 2024 – 1 million 973.7 thousand tons), and 2 million 339.2 thousand tons of pig iron (2.049 million tons).
In August, Zaporizhstal produced 310.8 thousand tons of pig iron, 277.3 thousand tons of steel, shipped 245.9 thousand tons of rolled products, compared to 309 thousand tons of pig iron, 264 thousand tons of steel, and 231.2 thousand tons of rolled products in the previous month.
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, and steel output by 17.2%, to 2 million 890.8 thousand tons, and pig iron by 14.2%, to 3 million 106.3 thousand tons.
In 2023, Zaporizhstal increased its rolled steel production 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 Ukraine’s largest industrial enterprises, whose products are in high demand among consumers both in the domestic market and in many countries around the world.
Zaporizhstal is a joint venture of the Metinvest Group, whose main shareholders are System Capital Management (71.24%) and Smart Steel Limited (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.
Zaporizhstal, a steel company in Zaporizhia, is investing over UAH 135 million in major repairs to heating wells in its hot rolling shop.
According to a press release issued by the plant on Thursday, the company is continuing comprehensive capital repairs of three groups of heating wells (four wells in each group) in the slab department of the hot rolling mill in accordance with its annual capital investment program. The total investment exceeds UAH 135 million.
“Today, Zaporizhstal is operating at only 75% of its capacity, but we are implementing the program for the maintenance and repair of production equipment at 100%. In particular, a major upgrade of the heating wells, which are an important link in the hot rolling process at Zaporizhstal, is currently underway. The quality of finished metal products, the mechanical properties of rolled products, and their compliance with standards and customer requirements depend on the stability of the temperature regime and the uniformity of heating of billets in the wells,” said Acting CEO Taras Shevchenko.
According to him, in addition to specialists from the engineering service, automation department, and central electrical engineering laboratory, specialists from the contracting organizations Etalonbudservis and MSC Prime are also involved in the overhaul. As part of the overhaul, worn refractories will be dismantled and replaced with new linings, in particular those manufactured by Zaporizhzhya Refractories. The total weight of refractory bricks and shotcrete mixture is more than 2,200 tons.
In addition, mechanical and power equipment, communications, and shut-off valves will be upgraded, about 900 tons of metal structures will be replaced, and hydraulic devices, automation, temperature sensors, etc. will be repaired and replaced.
Heating wells provide thermal preparation of ingots weighing up to 16 tons before rolling into slabs and further into thin rolled products. The overhaul of this equipment complex will significantly improve its reliability, energy efficiency, and minimize the risk of unplanned technological stoppages.
It is specified that this year Zaporizhstal will carry out a complex overhaul of key units of the thermal power plant – boiler unit No. 5, turbine generator No. 1, and turbo compressor unit No. 7. The plant will allocate about UAH 75 million for these purposes. Overall, despite the difficult economic situation, the capital investment budget for 2025 has been increased to UAH 1.1 billion.
Zaporizhstal is one of Ukraine’s largest industrial enterprises, whose products are in high demand among consumers both on the domestic market and in many countries around the world.
Zaporizhstal is a joint venture of the Metinvest Group, whose main shareholders are System Capital Management (71.24%) and Smart Steel Limited (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.