Business news from Ukraine

Business news from Ukraine

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.

,

ArcelorMittal Kryvyi Rih increased rolled steel production to 1.56 mln tonnes in 2025

The Kryvyi Rih Mining and Metallurgical Plant PJSC ArcelorMittal Kryvyi Rih (AMKR) increased its rolled steel production by 1.4% compared to 2024, reaching 1 million 556.6 thousand tonnes in 2025.

This growth occurred amid extraordinary challenges: constant attacks on energy infrastructure, power shortages, high electricity tariffs, and complex logistics. Throughout the year, metallurgical production operated under restrictions.

AMKR CEO Mauro Longobardo called 2025 ‘a year of survival and constant adaptation.’ He noted that the team did everything possible to stabilise operations, optimise costs and retain staff.

The company remains the largest producer of rolled steel in Ukraine, specialising in rebar and wire rod.

ArcelorMittal Kryvyi Rih is the largest producer of rolled steel in Ukraine. It specialises in the production of long products, in particular rebar and wire rod. The company has a full production cycle, with production capacities designed for an annual output of over 6 million tonnes of steel, more than 5 million tonnes of rolled products and over 5.5 million tonnes of pig iron.

ArcelorMittal owns Ukraine’s largest mining and metallurgical complex, ArcelorMittal Kryvyi Rih, and a number of small companies, including ArcelorMittal Beryslav.

,

Zaporizhstal increased rolled steel production by 15.2% in 2025

In 2025, the Zaporizhstal metallurgical plant in Zaporizhia increased its rolled steel production by 15.2% compared to the previous year, from 2 million 426.7 thousand tons to 2 million 794.6 thousand tons.

According to the plant’s press release on Monday, steel production for the year 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 December, Zaporizhstal produced 314,000 tons of pig iron and 278,500 tons of steel. It shipped 251,400 tons of rolled products, compared to 309,100 tons of pig iron, 273,200 tons of steel, and 251,300 tons of rolled products in the previous month.

Acting CEO of Zaporizhstal Taras Shevchenko stated that even in the most difficult conditions of wartime, metallurgy remains the foundation that supports the country’s economy and stability.

“Despite shelling, power outages, and logistical challenges, Zaporizhstal and other Metinvest enterprises in Zaporizhia are not just maintaining their operations – they are adapting, increasing their efficiency, and continuing to export Ukrainian products, providing foreign currency and tax revenues to the country’s budget and supporting the Ukrainian army. After all, we understand that preserving budget-generating enterprises today is the key to Ukraine’s post-war reconstruction in the future,” the CEO noted.

As reported, in 2024, Zaporizhstal increased its rolled steel output by 18.1% compared to 2023, from 2 million 54.7 thousand tons to 2 million 426.7 thousand tons, steel 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.

,

Metinvest supplied nearly 3,000 tons of metal for Kryvyi Rih’s heating networks

Metinvest-SMZ, the network of service metal centers belonging to the Metinvest Group in Ukraine, supplied nearly 3,000 tons of specially cut sheet metal for the manufacture of pipes for Kryvyi Rih’s heating networks.

According to the company, after last year’s difficult situation with heat supply, when the city faced problems with heating homes and infrastructure due to wear and tear and accidents on heating networks, almost 40% of consumers were left without heat.

Therefore, Kryvyi Rih held a tender for the supply of large-diameter pipes with a total weight of 3,800 tons in preparation for the current heating season.
Metinvest-SMZ played an important role in the project by supplying rolled sheet metal.

This metal was used to manufacture pipes for the Kryvyi Rih heating plant measuring 820×10 mm, 720×10 mm, and 630×8 mm.
Deliveries began in August, providing the city with the materials needed to stabilize heat supply in the new heating season.

Metinvest-SMZ LLC is the largest network of service metal centers in Ukraine, operating on the market since 2003. The LLC’s metal centers are located in key industrial cities of the country, such as Kyiv, Kharkiv, Dnipro, Zaporizhzhia, Lviv, Odesa, and many others.

The company’s authorized capital is UAH 17.205 million.

Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in the Donetsk, Luhansk, Zaporizhia, and Dnipropetrovsk regions – as well as in European countries. The main shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.

, , ,

Rolled steel production in Ukraine increased by 3.9%, but steel output fell

According to preliminary data, Ukrainian metallurgical companies increased their total rolled steel production by 3.9% in January-November this year compared to the same period last year, from 5.741 million tons to 5.966 million tons.

According to information from the Ukrmetallurgprom association on Monday, steel production during this period fell by 3.1% to 6.813 million tons. In November, 589,100 tons of rolled steel and 641,100 tons of steel were produced.

For more information on the largest steel producers and global industry trends, see the Experts Club video analysis review available on YouTube: Experts Club — Leaders of the global steel industry 1990–2024

, , , ,

Dnipro Metallurgical Plant switches to continuous casting and masters new types of rolled products

PJSC Dnipro Metallurgical Plant (DMZ), part of DCH Steel, a group owned by businessman Oleksandr Yaroslavskyi, has completed its transition to continuous casting and has begun developing a new type of rolled product

According to information in the DCH Steel corporate newspaper, during the production campaign in November, 6,400 tons of products were manufactured in rolling mill No. 2.

It is specified that the rolling campaign lasted from November 12 to 22 without days off and was carried out in a very intense mode. Due to a decrease in orders, the shop worked on a two-shift schedule for the first time—it was necessary to manufacture a wide range of products and conduct important experiments. Constant air raid alerts and the risk of power outages complicated the work.

“It was one of the most intense campaigns in recent years. The workshop team was well prepared and successfully coped with the production tasks. They worked even faster than planned and did not allow significant overspending of energy resources,” said Yuriy Mikhailiv, Deputy General Director for Production and Technology.

According to him, during the campaign, a standard selection of channels from 14 to 30 was produced. In addition, 1,400 tons of channels were rolled according to European standards, as well as small volumes of 125 angles and SVP-22 mine props. Deliveries of billets to DMZ began two weeks before the start of production.

U100, U120, U140, and U160 channels were manufactured for the European market. Testing of rolls continued, a small batch of which the company purchased abroad in the summer. Based on the test results, the company plans to continue cooperation with the new supplier.

The shop also began mastering the production of Ø60 circles.

“The design of the 550 mill differs from those on which circles are usually manufactured. However, the experiment showed that the shop has the potential to produce this profile. We ran several blanks through the mill line and identified technical issues that need to be worked on. We will move forward step by step,” said Mikhailov.

The next production campaign in rolling shop No. 2 is planned for February.

As reported, DMZ reduced its rolled steel production by 23.1% in the first seven months of 2025 compared to the same period last year, to 26,000 tons.

In 2024, DMZ reduced rolled steel production by 59.4% compared to 2023, to 42.9 thousand tons, and coke production by 1.2%, to 289.1 thousand tons.

In 2023, DMZ increased its production of rolled metal by 86.2% compared to 2022, to 105,600 tons, and coke by 38.5%, to 292,700 tons.

In 2022, the plant reduced its production of rolled products by 74.2% compared to 2021, to 58.4 thousand tons, and coke by 56.3%, to 211.3 thousand tons.

DMZ specializes in the production of steel, cast iron, rolled products, and products made from them.

On March 1, 2018, the DCH Group signed an agreement to purchase the Dnipro Metallurgical Plant from Evraz.

, , , ,