Business news from Ukraine

Business news from Ukraine

Zaporizhstal shipped 820,000 tons of rolled steel in January–April

The Zaporizhzhia Metallurgical Plant “Zaporizhstal” increased its rolled steel shipments by 5.3% in January–April of this year compared to the same period last year—to 819,600 tons from 865,700 tons.

According to the company’s press release, steel production for the first four months amounted to 914,700 tons (1,018,900 tons in January–April 2025), and pig iron production to 1,012,900 tons (1,132,400 tons).

In April, Zaporizhstal produced 193,500 tons of pig iron and 156,600 tons of steel, and shipped 159,100 tons of rolled steel, whereas in the previous month it produced 316,400 tons of pig iron, 298,200 tons of steel, and shipped 254,600 tons of rolled steel.

It is explained that the decline in production figures is due to an unscheduled shutdown of the company’s production facilities caused by the Russian army’s attack on the region’s infrastructure. During the forced downtime, a series of repairs and maintenance were carried out on production units and treatment facilities to improve their operational reliability in the future.

Another press release reports that Metinvest’s Zaporizhzhia-based enterprises—Zaporizhstal, Zaporizhkox, Zaporizhrefact, and Metinvest Machinery—paid over UAH 778 million in taxes and fees to budgets at all levels in the first quarter of 2026, increasing payments by 10% compared to the same period in 2025. The largest share of payments traditionally came from the unified social contribution, personal income tax, environmental tax, and military levy.

In addition, it is emphasized that Metinvest’s enterprises consistently remain leaders in terms of taxes paid in Zaporizhzhia. UAH 250 million was allocated to local budgets in the first quarter of this year, which is 7% more than last year. Amid a full-scale war, the group in Zaporizhzhia continues to systematically support the country’s and local communities’ economies. Guided by the principles of social partnership for the sustainable development of the regions where it operates, the Company, together with its enterprises and in dialogue with the community, implements educational projects and veteran programs, and participates in the restoration of infrastructure damaged by shelling.

“Since the start of the full-scale war, Zaporizhstal and other Metinvest enterprises in Zaporizhzhia have contributed over UAH 14 billion to Ukraine’s economy,” noted Taras Shevchenko, acting CEO of the steel plant.

In total, including associated companies and joint ventures, the group paid 4.3 billion UAH in taxes and fees to Ukrainian budgets at all levels in January–March 2026. Since the start of the full-scale invasion, including the results of the first quarter of 2026, the company’s total contribution to the country’s economy amounts to approximately 78 billion UAH.

As reported, in 2025, Zaporizhstal increased its rolled steel output by 15.2% compared to the previous year—to 2,794,600 tons from 2,426,700 tons. Steel production amounted to 3,212,200 tons (in 2024 – 2,890,800 tons), and pig iron production – 3,567,800 tons (3,106,300 tons).

In 2024, Zaporizhstal increased rolled steel output by 18.1% compared to 2023—to 2,426,700 tons from 2,054,700 tons—and steel output by 17.2%, to 2,890,800 tons, and pig iron by 14.2%, to 3,106,300 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 PJSC System Capital Management (71.24%) and Smart Steel Limited (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.

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“Zaporizhstal” more than doubled its net loss in first quarter

In January–March of this year, PJSC Zaporizhstal increased its net loss by 2.1 times compared to the same period last year—to UAH 1.373955 billion from UAH 660.923 million.

According to the company’s interim report in the NSSMC’s disclosure system, its revenue from ordinary activities for this period increased by 13.2%—to UAH 19.667141 billion from UAH 17.376525 billion. Retained earnings as of the end of March amounted to 29.917367 billion UAH.

At the same time, Zaporizhstal’s consolidated loss in the first quarter of 2025 amounted to 1.446646 billion UAH, and in the first quarter of 2024—566.486 million UAH. Revenue remained unchanged—the same as in the unconsolidated report.

According to the company’s annual report, Zaporizhstal doubled its net profit in 2025 compared to the previous year—to 1.764886 billion UAH from 880.562 million UAH, revenue from ordinary activities for this period increased by 2.4%—to 72,141.56 million UAH from 70,307.933 million UAH.

Retained earnings as of the end of 2025 amounted to 30,882.574 million UAH.

At the same time, Zaporizhstal’s consolidated profit in 2025 amounted to UAH 1.328605 billion, and in 2024 – UAH 1.593521 billion. Revenue remained unchanged – the same as in the unconsolidated report.

As reported, Zaporizhstal reduced its net profit by 3.1% in the first nine months of 2025 compared to the same period in 2024—to 1.547508 billion UAH from 1.597318 billion UAH, its net revenue for this period increased by 0.9%—to UAH 53.583352 billion from UAH 53.131601 billion.

In 2024, Zaporizhstal reported a net profit of 1.593521 billion UAH, compared to a net loss of 3.899537 billion UAH the previous year. At the same time, revenue in 2024 amounted to UAH 70.307933 billion, compared to UAH 56.428254 billion in 2023. The group’s total workforce as of early 2025 stood at 9,328 employees.

Zaporizhstal ended 2022 with a net loss of 4 billion 864 million 684,828 thousand UAH, whereas in 2021 it reported a net profit of 16 billion 809 million 158,412 thousand UAH.

In 2025, Zaporizhstal increased its rolled steel output by 15.2% compared to the previous year—to 2,794,600 tons from 2,426,700 tons. Steel production amounted to 3,212,200 tons (in 2024 – 2,890,800 tons), and pig iron production – 3,567,800 tons (3,106,300 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 PJSC System Capital Management (71.24%) and Smart Steel Limited (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.

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Zaporizhstal shipped 28,000 tons of rolled steel to Romania

Since the beginning of this year, the Zaporizhzhia Metallurgical Plant “Zaporizhstal” has shipped 28,000 tons of rolled steel to Metinvest’s pipe plant in Romania—Metinvest Tubular Iași—which joined the group at the end of 2025.

According to information released by the company on Thursday, April marks four months since Metinvest Tubular IAȘI became part of the group. During this time, the plant has been successfully integrating into the company’s production and management processes, increasing volumes and strengthening cooperation with other assets.

It is noted that Zaporizhstal plays a key role in this process: today, the plant fully meets the Romanian facility’s demand for hot-rolled coils.

“Since the beginning of 2026, Zaporizhstal’s steelmakers have already shipped over 28,000 tons of structural steel products to Iași. These products serve as the basis for the manufacture of round, profile, and rectangular welded pipes that meet European standards and are used in construction, energy, and geothermal engineering,” the press release states.

It is further noted that the synergy among Metinvest Group companies allows not only to strengthen positions in the European market but also to ensure stable utilization of Ukrainian production capacities.

“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 PJSC System Capital Management (71.24%) and Smart Steel Limited (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.

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Zaporizhstal Confirms Compliance of Its Products with European Standards

The Zaporizhzhia Metallurgical Plant “Zaporizhstal” has confirmed that its rolled steel products comply with European quality standards, having successfully passed a recertification audit to verify that its hot-rolled and cold-rolled steel meets the requirements of standards EN 10025 and EN 10130.

According to information from the company, on Thursday, February 23–24, 2026, auditors from Technical and Management Services LLC, a corporate partner of the German group TÜV SÜD Ukraine, inspected Zaporizhstal’s production technology for hot-rolled and cold-rolled steel products.

It is noted that the key areas of the audit were the main rolling mills: the hot rolling mill and the cold rolling mill. Particular attention was paid to examining the processes for organizing and conducting product testing for mechanical properties in the laboratories of the plant’s product testing and certification center. The auditors reviewed the plant’s regulatory, technical, and organizational documentation related to rolled steel production.

Based on the audit results, Zaporizhstal received a certificate of conformity for hot-rolled and cold-rolled steel products with the requirements of standard EN 10025-1:2004 (Annex ZA), Construction Regulation 305/2011/EU, and standard EN 10130, valid for three years.

It is noted that Zaporizhstal has been operating in accordance with the requirements of standards EN 10025-1:2004 and EN 10130:2006 since 2016. The plant has also been certified and has regularly confirmed its compliance with the requirements of the ISO 9001 quality management system since 2003, the ISO 14001 environmental management system, and the ISO 45001 occupational health and safety management system since 2008.

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 PJSC System Capital Management (71.24%) and Smart Steel Limited (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.

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Zaporizhstal increased rolled steel shipments by 3.8% in first quarter

The Zaporizhzhia Metallurgical Plant “Zaporizhstal” increased rolled steel shipments by 3.8% in January–March of this year compared to the same period last year—to 660,600 tons from 636,700 tons.

According to the company’s press release, steel production for the first three months amounted to 758,200 tons (748,400 tons in January–March 2025), and pig iron production to 819,300 tons (849,600 tons).

In March, Zaporizhstal produced 316,400 tons of pig iron and 298,200 tons of steel, and shipped 254,600 tons of rolled steel.

As reported, in 2025, Zaporizhstal increased rolled steel output by 15.2% compared to the previous year—to 2,794,600 tons from 2,426,700 tons. Steel production amounted to 3,212,200 tons (in 2024 – 2,890,800 tons), and pig iron production to 3,567,800 tons (3,106,300 tons).

In 2024, Zaporizhstal increased rolled steel output by 18.1% compared to 2023—to 2,426,700 tons from 2,054,700 tons, steel output by 17.2%, to 2,890,800 tons, and pig iron by 14.2%, to 3,106,300 tons.

In 2023, Zaporizhstal increased its rolled steel output by 57.2% compared to 2022—to 2,054,700 tons, steel by 65.4%—to 2,466,900 tons, and cast iron by 35.3%, to 2,718,900 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 PJSC System Capital Management (71.24%) and Smart Steel Limited (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.

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Zaporizhstal has invested 9.8 mln hryvnias in overhaul of its hot rolling mill

The Zaporizhzhia Metallurgical Plant “Zaporizhstal” has allocated 9.8 million UAH for the first phase of major repairs to “Slab 1150” and BTLS-1680 (continuous thin-sheet mill) in the hot rolling shop.

According to information released by the company on Thursday, stable rolling begins with properly functioning mills. Such repairs are carried out in stages throughout the year.

During the first stage, the “Slabbing 1150” received new spindles for the horizontal roll stands, the hydraulic system was repaired, the roll stand assemblies were restored, as well as certain sections of the roller tables and the transmission gearbox. On the BTLS-1680, the gearbox of stand No. 2 was repaired with the replacement of shaft assemblies, the drive line of one of the stands was restored, the gear roller was replaced, partial repairs were performed on the coil box, the coiler assemblies were repaired, and the chains of individual sections of the roller table were replaced.

It is noted that repair specialists from the plant’s departments, with the assistance of hydraulic specialists from Kametstal, completed the planned work ahead of schedule.

At this stage, UAH 9.8 million was allocated for the work; the next stage of the overhaul is scheduled for the fall.

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 PJSC System Capital Management (71.24%) and Smart Steel Limited (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.

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