Iron and steel sector of Ukraine paid $0.9 bln in taxes in 2025

In 2025, the largest iron and steel companies of Ukraine paid $0.9 bln of taxes, according to preliminary estimates included in the annual study of GMK Center “Economic impact of iron and steel sector of Ukraine 2025”.

Despite the war the iron & steel industry continues ensuring significant and regular tax payments that support the financing of national and local public needs. In 2025, largest steel companies of the sector (Metinvest, ArcelorMittal Kryvyi Rih, Interpipe, DCH Steel, Ferrexpo) contributed 1.4% of total tax revenue in Ukraine.

Large steel and mining enterprises often serve as anchor taxpayers in industrial municipalities, where their payments materially affect the financing of schools, hospitals, transport, public infrastructure. Because the sector typically relies on formal, large-scale employment, it creates stable payroll-based fiscal flows and broadens the contribution to social insurance systems.

The iron & steel sector also provides higher labor incomes than many other industries in traditional industrial regions. In 2025 average wage in the Ukrainian steel industry increased by 7% y-o-y. For example, Metinvest raised salaries by up to 20% starting April 1, 2025. ArcelorMittal Kryvyi Rih increased salaries in average by 15% since May 1, 2025.

As previously reported by GMK Center, in 2021-2025, the largest steel enterprises paid taxes and fees totaling UAH 193 bln, or $5.9 bln. This amount includes income tax, unified social tax, personal income tax, land tax, subsoil use tax, and other payments.