Business news from Ukraine

Business news from Ukraine

Ukraine Reduced Steel Production by 3.2% in Jan–Jun

13 July , 2026  

Ukrainian steelmakers reduced steel production by 3.2% in January–June of this year compared to the same period last year, down to 3.566 million metric tons.

According to information released by the “Ukrmetallurgprom” association on Wednesday, 690,800 metric tons of steel were produced in June, 629,400 metric tons in May, 517,300 metric tons in April, 702,300 metric tons in March, in February—515 thousand metric tons, and in January—511.1 thousand metric tons.

As previously reported, Ukraine’s steel companies reduced steel production by 2.2% in 2025, to 7.409 million metric tons.

In 2024, Ukraine increased steel production by 21.6% compared to 2023, reaching 7.575 million metric tons. In 2023, steel production fell by 0.6% to 6.228 million metric tons, and in 2022, it fell by 70.7% to 6.263 million metric tons.

In 2021, before the war, 21.366 million metric tons of steel were produced, or 103.6% of the 2020 level.

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