Exclusive Zaporizhstal increased rolled steel output by 7.1% y/y in 1H2025

Steel production grew by 5.3% y/y during the period, while pig iron production increased by 12.8% y/y

In January-June 2025, the Zaporizhstal steel plant increased its rolled steel production by 7.1% compared to the same period in 2024, to 1.317 million tons. This is evidenced by GMK Center calculations based on the company’s data.

Pig iron production in January-June amounted to 1.719 million tons, up 12.8% y/y. Steel production increased by 5.3% y/y – to 1.564 million tons.

During the second quarter, the company produced 680,800 tons of rolled steel (+6.9% q/q; +10.4% y/y), 816,000 tons of steel (+9% q/q; +8% y/y year-on-year), and 869.7 thousand tons of pig iron (+2.4% quarter-on-quarter; +17.2% year-on-year).

In June 2025, Zaporizhstal increased its rolled steel production by 20.4% y-o-y, but decreased it by 5.4% m-o-m, to 220.4 thousand tons, pig iron – by 23.4% y/y, and decreased it by 0.7% m/m. Steel smelting increased by 13% y/y and fell by 3.7% m/m, to 267.5 thousand tons.

It should be noted that at the end of 2024, Zaporizhstal increased its production of commercial rolled steel by 18.3% compared to 2023, to 2.43 million tons. Pig iron smelting amounted to 3.11 million tons (+14.3% y/y), steel – 2.89 million tons (+17.2% y/y).

The increase in production volumes in 2024 compared to 2023 is due to higher blast furnace productivity, increased demand for commercial pig iron, and the partial restoration of the maritime export route.

As part of the 2024 investment program, the company allocated UAH 938 million to support production capacities. In particular, funds were invested in the overhaul of key production units and the implementation of investment projects in occupational safety, information technology, and the social sphere. In 2025, investments are planned to increase to UAH 1.1 billion.