In January this year, the Zaporizhstal steel plant in Zaporizhia increased its rolled steel output by 0.3% compared to the same period last year, from 215,000 tons to 215,700 tons.
According to its press release on Tuesday, steel production for the first month of this year amounted to 234,400 tons (in January 2025 – 243,000 tons), and pig iron – 249,900 tons (287,700 tons).
In December 2025, Zaporizhstal produced 314 thousand tons of pig iron and 278.5 thousand tons of steel. A total of 251,400 tons of rolled products were shipped, compared to 309,100 tons of pig iron, 273,200 tons of steel, and 251,300 tons of rolled products in the previous month.
As noted in the company’s interim report for the fourth quarter of 2025, despite Russia’s full-scale invasion of Ukraine, the plant continued to maintain stable operations while fulfilling its business responsibilities to shareholders and stakeholders. Efforts were focused on maintaining high standards of production and stability in all aspects of the company’s operations. The company actively worked on the development and implementation of strategic initiatives aimed at increasing efficiency, improving product quality, and raising the level of environmental safety.
During the reporting period, Zaporizhstal continued to produce products, and production and technological equipment for the full metallurgical cycle was put into operation at a level of about 70-80% of maximum production capacity, and this level was considered stable in the foreseeable future. Assuming that there will be no significant deterioration in the situation, management expects the company to continue production at the current level and, subject to improvements in product delivery logistics, to increase production volumes in the future.
At the same time, as of the reporting date, it is difficult to predict the duration and scale of the war in Ukraine and its consequences, such as damage to infrastructure, constant power outages against the backdrop of rising electricity prices, changes in logistics chains, and supply risks, etc., indicate the existence of significant uncertainty that could cast significant doubt on the company’s ability to continue as a going concern, and therefore it may not be able to realize its assets and settle its liabilities in the normal course of business. However, management believes that the most likely scenario is a gradual improvement in the situation and continued recovery in Ukraine, which will allow for increased operations and free access to Black Sea ports, the report says.
As reported, in 2025, Zaporizhstal increased its rolled steel output by 15.2% compared to the previous year, to 2 million 794.6 thousand tons from 2 million 426.7 thousand tons. Steel production amounted to 3 million 212.2 thousand tons (in 2024 – 2 million 890.8 thousand tons), pig iron – 3 million 567.8 thousand tons (3 million 106.3 thousand tons).
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 2025, the Zaporizhstal Iron and Steel Works continued to implement its “Work Amenities” program, allocating a total of over UAH 13 million to renovate employee amenities.
According to the plant’s press release, in 2025, the company carried out major repairs of sanitary and amenity facilities in the open-hearth shop, the control and measuring instruments and automation shop, the motor transport department, and the central electrical engineering laboratory, and repairs of the sanitary and amenity facilities of the water supply shop are ongoing.
The total area of the renovated premises will be 530 m².
In particular, the plant recently commissioned a renovated sanitary and utility room in the open-hearth shop with an area of over 280 m². The facility underwent a major overhaul with a complete replacement of engineering networks, window and door blocks, and sanitary equipment, as well as a set of finishing works.
It is noted that the implementation of the “Working Conditions” program will continue in 2026. The program plans to further renovate the sanitary and amenity facilities of the open-hearth shop and the water supply shop, install water heaters, and equip a modern laundry complex.
Metinvest Group’s corporate program “Working Conditions,” which involves the modernization of utility rooms in production units, has been in effect at Zaporizhstal since 2012. During this time, more than 240 utility rooms have been renovated at the plant, with total investments exceeding UAH 260 million.
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 2025, the Zaporizhstal metallurgical plant in Zaporizhia increased its rolled steel production by 15.2% compared to the previous year, from 2 million 426.7 thousand tons to 2 million 794.6 thousand tons.
According to the plant’s press release on Monday, steel production for the year amounted to 3 million 212.2 thousand tons (in 2024 – 2 million 890.8 thousand tons), pig iron – 3 million 567.8 thousand tons (3 million 106.3 thousand tons).
In December, Zaporizhstal produced 314,000 tons of pig iron and 278,500 tons of steel. It shipped 251,400 tons of rolled products, compared to 309,100 tons of pig iron, 273,200 tons of steel, and 251,300 tons of rolled products in the previous month.
Acting CEO of Zaporizhstal Taras Shevchenko stated that even in the most difficult conditions of wartime, metallurgy remains the foundation that supports the country’s economy and stability.
“Despite shelling, power outages, and logistical challenges, Zaporizhstal and other Metinvest enterprises in Zaporizhia are not just maintaining their operations – they are adapting, increasing their efficiency, and continuing to export Ukrainian products, providing foreign currency and tax revenues to the country’s budget and supporting the Ukrainian army. After all, we understand that preserving budget-generating enterprises today is the key to Ukraine’s post-war reconstruction in the future,” the CEO noted.
As reported, in 2024, Zaporizhstal increased its rolled steel output by 18.1% compared to 2023, from 2 million 54.7 thousand tons to 2 million 426.7 thousand tons, steel 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.
The Zaporizhstal Iron and Steel Works in Zaporizhia allocated UAH 370 million for a complex of major repairs of key production units.
According to a press release issued by the plant on Tuesday, the company is continuing to implement its annual capital investment program to maintain production capacity and environmental protection equipment. The plant has carried out a major overhaul of its main production units in the blast furnace, open-hearth furnace, and hot rolling mill departments, with a total budget of UAH 370 million.
“The domestic mining and metallurgical complex is one of the export-oriented sectors of the Ukrainian economy that has lost the most during the war. We are focusing on survival, because it is the preserved production that will become the basis for future modernization and development projects. Repairs and proper maintenance of production complexes are an important contribution to ensuring the stable operation of Zaporizhstal today and in the future,” said Taras Shevchenko, acting CEO of the metallurgical plant.
According to him, the plant has carried out a series of repairs in the main production units of the enterprise: blast furnace (BF) No. 3 and its gas cleaning system, aspiration of the casting yard and bunker trestle in the blast furnace shop, a two-tank steelmaking unit and its gas cleaning system in the open-hearth shop, the 1150 slab mill and the BTLS-1680 mill, as well as shears and clamp cranes in the hot rolling shop. The work continued around the clock, with more than 400 specialists involved in the repairs: employees of the engineering services and production departments of Zaporizhstal, specialists from Zaporizhogneupor, Kametstal, and contracting organizations.
It is specified that thanks to the overhaul, DP-3, in particular, will ensure high efficiency of technological air cleaning from dust at the level of 20 mg/cubic meter.
As part of the repair of the two-tank steelmaking unit, the main vault and working space of the furnace were refired. For this purpose, Zaporizhogneupor supplied more than 800 tons of refractory fireclay and periclase-chromite products.
At the slabbing-1150 mill, repairs were carried out on the universal cage and its electric drive, roller tables, pressure units of horizontal and vertical rolls, turntable units with platform replacement, overhaul of the mill’s electrical and power equipment, repair of control panels, etc. At the BTLS-1680 mill, specialists inspected and upgraded the unit’s components.
It is also noted that the overhauls were aimed at improving the reliability and efficiency of the equipment, reducing product defects and energy losses. It should be noted that this year Zaporizhstal will also carry out a complex of major repairs of key units of the combined heat and power plant – boiler unit No. 5, turbine generator No. 1, and turbo compressor unit No. 7. The plant has allocated about UAH 75 million in investments for these purposes. Overall, despite the difficult economic situation, the capital investment budget for 2025 will exceed UAH 1 billion.
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-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.
