Effective post-war reconstruction of Ukraine depends on security guarantees

The post-war reconstruction of damaged and destroyed real estate and infrastructure could be a significant boost to domestic steel consumption. That is why construction will be a driver of demand for steel products, but it all depends on the availability of strong security guarantees. Otherwise, investors will not invest and build.

Dmytro Nikolayenko, Metinvest’s Chief Commercial Officer, told this in an interview with FAQ Talks.

“Construction will have the greatest potential in terms of steel consumption. The reconstruction of housing and infrastructure requires a lot of steel. As for other industries, we need to see whether the production of cars and heavy machinery, as well as mechanical engineering in general, which were present in Ukraine to varying degrees before the war, will develop,” said the Metinvest commercial director.

Since the reconstruction will require huge investments, a prerequisite for attracting them is to provide Ukraine with sufficient security guarantees.

“In my opinion, the main issue is what kind of security guarantees will be provided, as investments require stability. It is clear that even with small guarantees, some funds will be invested in infrastructure restoration, but to attract a significant amount of investment, there must be strong security guarantees and stability,” emphasized Dmytro Nikolayenko.

Overall, our country has a great potential to increase steel consumption.

“Ukraine can consume at least 300 kg of steel per capita per year as part of infrastructure reconstruction. In the early stages, it could be more, even 400 kg. For example, China consumes about 550 kg of steel per capita per year, mainly through infrastructure construction,” the expert summarized.

As previously reported, the recovery of Ukraine’s war-torn steel industry directly depends on international security guarantees. Without reliable conditions for long-term planning, Metinvest will not be able to implement large-scale investment projects.

We remind you that the main challenges for Metinvest in 2025 are financing of modernization and green transition projects in the mining and metals sector, as well as ensuring stable demand for Ukrainian steel in the domestic market. The business also needs a delay for Ukraine to implement CBAM.

  • Global Market

Turkey increased steel production by 7% y/y in April

In April 2025, steel enterprises in Turkey increased steel production by 7% compared to April…

Saturday May 31, 2025
  • Global Market

EU imposes final anti-dumping duties on tinplate from China

The European Commission (EC) has announced its decision to impose final anti-dumping duties on imports…

Friday May 30, 2025
  • Companies

Poland’s JSW exceeded plans for coal production and sales in Q1

Poland's Jastrzębska Spółka Węglowa (JSW), the largest coking coal producer in the EU, has announced…

Friday May 30, 2025
  • Global Market

Turkey increased steel exports by 14.4% y/y in April

In April, Turkey increased steel exports by 14.4% y/y – to 1.2 million tons. In…

Friday May 30, 2025
  • Global Market

The EU has almost exhausted its annual quota for imports of Russian pig iron in 3 months

In the first quarter of 2025, European companies almost exhausted the annual quota for imports…

Friday May 30, 2025
  • Companies

Nippon Steel to invest $6 billion in electric arc furnaces at three plants in Japan

Japanese steelmaker Nippon Steel plans to invest almost JPY870 billion ($6.05 billion) in the introduction…

Friday May 30, 2025