Kamet-Steel to invest over UAH 2.5 billion in production modernization in 2025

Despite the challenges of wartime, Metinvest Group continues to invest in its production facilities. In 2025, the company launched an investment program at Kamet-Steel with a total budget of UAH 2.5 billion ($59.8 million), a record high in recent years. This is stated in a press release by Metinvest.Media.

One of the largest projects will be the overhaul of blast furnace No. 9, which will receive a third of the program’s total budget. This will help maintain stable output and ensure the smooth operation of the equipment.

Kamet-Steel is also preparing to implement a unique project for Metinvest – the construction of an alternative power plant with solar panels. Experts are currently working on technical solutions to launch this environmentally friendly and energy efficient project.

In total, in 2025, the company plans to implement 114 investment projects, including the modernization of key production equipment, the renewal of water and gas pipelines.

Separately, the company plans to build a new blast furnace gas collector to improve environmental safety, as well as to modernize the control system of the continuous casting machine No. 1.

“This year, the company is investing a record-breaking total budget of $59.8 million in Kamet-Steel’s program, a significant portion of which is aimed at maintaining and upgrading the main production equipment, which has the potential to serve as a springboard for further development and modernization of the enterprise. In total, we plan to implement 114 investment projects of varying importance during the year. Key equipment will be overhauled in the main production shops. The resumption of production will allow the company to resume its presence and enter new markets for this product, thus generating additional profit,” comments Mykhaylo Koptev, Director of Capital Construction and Investments at Kamet-Steel.

As GMK Center previously reported, the latest large-scale repairs at Kamet-Steel include the overhaul of blast furnace No. 9, accelerated overhaul of blast furnace No. 1M, and a major overhaul of converter No. 1.