Heavy Metal reduced the production of rolled products with a polymer coating by 10.5% y/y in 2022

The producer of rolled products with a polymer coating Heavy Metal in 2022 reduced production by 10.5% y/y – to 15.8 thousand tons, and Modul-Ukraine – by 66.8% y/y, to 11.7 thousand tons. At the same time, the ROM company increased production by 25% y/y – up to 10.1 thousand tons. Denys Rysukhin, director of Metipol, said about it during an open meeting of the Committee on roofing, facade structures and light steel thin-walled structures of the association «Ukrainian Center of Steel Construction».

At the same time, the share of Heavy Metal in the domestic market increased to from 5% in 2021 8% in 2022, ROM – from 2% to 5%, while the specific weight of Modul-Ukraine remained at 6% .

According to him, the companies’ deliveries to the domestic market in 2022 were as follows:

  • Heavy Metal – decrease by 0.9% y/y, to 12.4 thousand tons;
  • ROM – growth by 6.3% y/y, up to 8.5 thousand tons;
  • Modul-Ukraine – decrease by 56% y/y, to 9 thousand tons.

The indicators of rolled products export with a polymer coating at Heavy Metal and Modul-Ukraine decreased by 23.2 y/y (to 4.1 thousand tons) and 62.7 y/y (to 5.5 thousand tons) respectively. The volume of ROM company exports last year amounted to more than 1.5 thousand tons.

As Denys Rysukhin noted, the production target for Heavy Metal for 2023 is set at 32,000 tons, for Modul-Ukraine – at 18,000 tons.

As GMK Center reported earlier, domestic production of rolled steel with a polymer coating decreased by 38% y/y – to 37.5 thousand tons (61 thousand tons in 2021). The volume of exports decreased by 44% y/y – to 11.1 thousand tons (20 thousand tons in 2021).

  • Global Market

Formosa is further reducing its prices for hot-rolled steel for large orders

Less than a week after its previous price cut for hot-rolled steel, the Vietnamese producer…

Tuesday July 14, 2026
  • Infrastructure

Tosyalı has raised €187 million for a solar power development project

The Spanish bank BBVA has provided the Turkish steel group Tosyalı with €187 million in…

Tuesday July 14, 2026
  • Global Market

China’s steel exports fell by 5.6% y/y in January–June

In the first half of 2026, China’s steel exports fell by 5.6% year-on-year to 54.87…

Tuesday July 14, 2026
  • Global Market

Tokyo Steel has left its prices for steel products unchanged for August sales

Tokyo Steel, a leading Japanese electric arc furnace steel producer, has left its prices for…

Tuesday July 14, 2026
  • Global Market

The EC has approved €63 billion in aid for France’s offshore wind energy sector

The European Commission has approved a €63 billion French government programme aimed at supporting the…

Tuesday July 14, 2026
  • Green steel

China has unveiled a new plan to reduce carbon emissions by 2030

At the end of last week, China published an Action Plan to reach peak carbon…

Tuesday July 14, 2026