Exclusive Zaporizhstal increased its rolled steel output by 16% y/y in January-November

Steel production increased by 10.9% y/y during the period, while pig iron production increased by 15.4% y/y

In January-November 2025, the Zaporizhstal steelworks increased its rolled steel production by 15.9% compared to the same period in 2024, to 2.543 million tons. This is evidenced by GMK Center calculations based on company data.

Pig iron smelting in January-November amounted to 3.254 million tons, up 15.4% year-on-year. Steel production increased by 10.9% year-on-year to 2.934 million tons.

In November 2025, Zaporizhstal increased its rolled steel production by 31.3% y-o-y and 22.6% m-o-m, to 251,300 tons, and pig iron production increased by 19.1% y-o-y and 2.2% m-o-m, to 309.1 thousand tons. Steel smelting increased by 20.2% y-o-y and decreased by 0.8% m-o-m, to 273.2 thousand tons.

It should be noted that, according to last year’s results, Zaporizhstal increased its production of commercial rolled metal products by 18.3% compared to 2023, reaching 2.43 million tons. Pig iron smelting amounted to 3.11 million tons (+14.3% y/y), steel – 2.89 million tons (+17.2% y/y).

The increase in production volumes in 2024 compared to 2023 is due to higher blast furnace productivity, increased demand for commercial pig iron, and the partial restoration of the maritime export route.

As part of its 2024 investment program, the company allocated UAH 938 million to support its production capacities. In particular, funds were invested in the overhaul of key production units and the implementation of investment projects in occupational safety, information technology, and the social sphere. In 2025, investments are planned to increase to UAH 1.1 billion.