Business news from Ukraine

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.