Exclusive ArcelorMittal Kryvyi Rih produced 1.69 million tons of steel in 2025

Production activities continue to take place under conditions of extremely high risks and restrictions caused by the war

ArcelorMittal Kryvyi Rih PJSC, Ukraine’s largest mining and metallurgical company, managed to increase production across all product lines in 2025 compared to 2024. Production continues to take place under extremely high risks and restrictions caused by the war. Due to these factors, production results still differ from those planned and are still far from pre-war levels, according to the company’s press release.

«2025 was a year of survival and constant adaptation for our company. We worked in conditions of continuous military risks, attacks on the power grid, unstable power supply, and unprecedented tariff pressure. Despite this, the team did everything possible to stabilize production, reduce costs, optimize processes, and retain the workforce,» commented Mauro Longobardo, CEO of ArcelorMittal Kryvyi Rih.

Steel production last year increased by 2.3% compared to 2024, to 1.69 million tons, pig iron production increased by 16.9% y/y, to 2.53 million tons, and rolled steel production increased by 1.4% y/y, to 1.56 million tons. Coke production (6% moisture content) increased by 16.4% year-on-year to 1.46 million tons. Concentrate production decreased by 3.3% year-on-year – to 7.56 million tons, and ore mining decreased by 4.2% – to 18.39 million tons. Despite the gradual improvement in the company’s results, production volumes are significantly below pre-war levels – the gap reaches 30% in the mining department and 50-70% in the steel department.

«Our production results reflect this complex reality – with high electricity costs, expensive logistics, limited export markets, and forced production downtime. We were forced to constantly reschedule the operation of key units and were unable to operate two blast furnaces continuously, as we had planned from the outset. Energy supply restrictions also affected the mining department’s results. At the end of the year, another serious factor was added to all these challenges – the introduction of CBAM as a tax and a barrier to the export of our products to the EU, the consequences of which we will fully feel in 2026,» added Longobardo.

According to him, the company’s key goal today is to maintain its market share, preserve production, jobs, and competitiveness.

«We are very cautious in our forecasts, but we continue to work, invest only in critically important projects, and do everything possible to ensure that the company survives in these extremely difficult conditions and that the Ukrainian metallurgical industry has the support of the Ukrainian government in the form of fair, regulated electricity prices. ArcelorMittal Kryvyi Rih remains in Ukraine and with Ukraine, believing in victory and ready to join in rebuilding the country,» the company’s CEO concluded.

As a reminder, in 2024, ArcelorMittal Kryvyi Rih increased its pig iron production by 42.7% compared to 2023, to 2.17 million tons, and steel production by 69.9% y-o-y, to 1.65 million tons. Rolled metal production amounted to 1.53 million tons, up 72.1% year-on-year. Coke production increased by 48.5% year-on-year – to 1.25 million tons. Iron ore production increased by 68.3% y-o-y – to 19.19 million tons, and concentrate production increased by 71.7% y-o-y – to 7.82 million tons.

ArcelorMittal Kryvyi Rih is a full-cycle metallurgical enterprise in Ukraine. Its production capacity is designed for an annual output of over 6 million tons of steel, 5 million tons of rolled products, and 5.5 million tons of pig iron. The enterprise provides over 20,000 jobs.