Business news from Ukraine

Business news from Ukraine

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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Zaporizhstal reduced rolled steel shipments by 1.8% in January-February

In January-February of this year, the Zaporizhstal metallurgical plant reduced its rolled steel shipments by 1.8% compared to the same period last year, from 413,300 tons to 406,000 tons.

According to its press release on Tuesday, steel production in the first two months amounted to 460,000 tons (in January-February 2025 – 478,300 tons), and pig iron production amounted to 502,900 tons (553,100 tons).

In February, Zaporizhstal produced 253,000 tons of pig iron, 225,600 tons of steel, and shipped 189,800 tons of rolled products.

As reported, in 2025, Zaporizhstal increased its rolled steel output by 15.2% compared to the previous year, from 2 million 426.7 thousand tons to 2 million 794.6 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.

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Zaporizhstal has begun supplying rolled steel to Metinvest’s new plant in Romania

Zaporizhstal Iron and Steel Works has begun supplying rolled steel to Metinvest’s pipe plant in Romania, Metinvest Tubular Iasi, which became part of the group at the end of 2025.

According to a press release on Thursday, since the beginning of 2026, the company has shipped 22,000 tons of hot-rolled structural steel certified to the European standard EN 10025. In total, up to 180,000 tons of rolled steel are planned to be supplied to the pipe plant this year.

“Zaporizhstal’s rolled products are in demand among European and Ukrainian pipe manufacturers: every year, up to 80% of our metal products are shipped for the manufacture of straight-seam pipes and profiles. We are pleased to welcome Romanian pipe manufacturers to the Metinvest Group and to establish a new format of cooperation to strengthen the economic partnership between Ukraine and Europe,” said Taras Shevchenko, acting CEO of Zaporizhstal, whose words are quoted in the report.

It is specified that hot-rolled products made of mild structural steels are in high demand in the pipe industry due to their mechanical properties, which ensure the reliability and strength of finished products. Such products can withstand significant loads, including impact loads, operate under pressure, weld well, and maintain stable performance characteristics.

“Zaporizhstal’s rolled products are used to manufacture round, profile, and rectangular welded pipes that comply with European standards EN 10219 and EN 10217 and are used in geothermal engineering, energy, construction, and fire extinguishing systems, among others. Zaporizhstal steel pipes have proven to fully meet high requirements during testing, so we are establishing long-term mutually beneficial cooperation with Zaporizhstal metallurgists,” said Cosmin Toma, CEO of Metinvest Tubular Iasi, as quoted by the company’s press service.

The largest consumers of pipes produced by Metinvest Tubular Yassy are the domestic market of Romania, as well as companies from Hungary, the Czech Republic, Poland, Slovakia, and other European countries.

As reported, Zaporizhstal produced 3.5 million tons of pig iron, 3.2 million tons of steel, and 2.8 million tons of rolled products in 2025.

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.

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Zaporizhstal invested UAH 5.3 mln in modernization of its hot rolling mill

Zaporizhstal Steel Works has allocated UAH 5.3 million to modernize the APR-4 longitudinal slitting unit in the hot rolling shop (HRS).

According to its press release on Tuesday, the project involved upgrading key components of the unit and enhancing its technical capabilities to handle coils weighing up to 16 tons. Installation and commissioning were carried out by specialists from the division together with the contractor Etalonbudservis.

It is specified that the upgraded equipment will allow processing rolls of double weight up to 16 tons, expanding the range of thin-gauge rolled products and improving the quality of metal processing in the HRS.

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.

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Zaporizhstal increased rolled steel production in January 2026 despite war

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.

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Zaporizhstal invested UAH 13 mln in employee amenities in 2025

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.

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