The Ukrainian metallurgical industry continues to show positive recovery dynamics after a sharp decline due to the full-scale war. At the end of 2025, companies increased their total rolled steel production by 4.8% to 6.521 million tons, compared to 6.222 million tons in the previous year. This marks the second consecutive year of growth after a sharp decline in 2022.
However, statistics for 2025 revealed an ambiguous trend: with an increase in the output of finished rolled products, steel production for the year decreased slightly by 2.2% to 7.409 million tons. Such indicators may indicate the use of imported billets or strategic reserves of raw materials by enterprises. In December 2025, rolled steel production amounted to 554,400 tons, and steel production amounted to 596,700 tons.
Overall, the steel industry is showing resilience and potential for further recovery. Over two years (2024-2025), rolled steel production grew by more than 21% overall, and steel production by 19%. However, production volumes are still significantly lower than pre-war levels: in 2021, Ukraine produced over 21 million tons of steel and 19 million tons of rolled steel, which is three times higher than current figures.
