Exclusive Capital investments in Ukraine’s steel industry grew to UAH 7.99 billion in 1H2025

Investments in the maintenance and modernization of production capacities in the mining sector amounted to UAH 28.94 billion

Capital investments in the sector “Steel production, production of finished steel products, except for machinery and equipment” in January-June 2025 increased by 57.9% compared to the same period in 2024, reaching UAH 7.99 billion. This is evidenced by data from the State Statistics Service.

Capital investments in the “Mining and quarrying” sector amounted to UAH 28.94 billion in January-June, which is 5.8% more than in the first half of 2024.

The total volume of capital investments in Ukraine’s industry in the first six months of 2025 increased by 32.1% year-on-year – to UAH 110.45 billion. The share of the mining and metallurgical sector is 33.4% or UAH 36.94 billion.

In the second quarter, investments in steel production amounted to UAH 4.05 billion, which is 3% more than in the previous quarter and 42% y/y. Capital investments in the extractive industry increased by 27% q/q and 38% y/y – to UAH 15.86 billion. In total, capital investments in Ukraine reached UAH 61.73 billion for the quarter, which is 27% more quarter-on-quarter and 38% year-on-year.

Despite all the difficulties of wartime, the Ukrainian mining and metallurgical complex continues to invest heavily in supporting and modernizing its own capacities, being one of the largest investors in the country’s economy.

As GMK Center reported earlier, at the end of 2024, Ukraine’s mining and metallurgical complex invested UAH 73.91 billion in production capacities, which accounts for 35.3% of investments in industry. In particular, in the sector “Steel production, production of finished steel products, except for machinery and equipment,” the indicator increased by 45.9% y/y to UAH 14.51 billion, and in the “Mining and quarrying” sector, it increased by 0.5% y/y – to UAH 59.39 billion.