Exclusive Zaporizhstal increased its rolled steel output by 4.9% y/y in January-May

Steel production grew by 3.8% yoy and pig iron production – by 10.8% y/y over the period

Zaporizhstal Iron and Steel Works increased rolled steel production by 4.9% year-on-year – to 1.098 million tons in January-May 2025. This is evidenced by GMK Center’s calculations based on the company’s data.

Pig iron production in January-May amounted to 1.43 million tons, up 10.8% y/y. Steel output increased by 3.8% y/y – to 1.297 million tons.

In May 2025, Zaporizhstal increased its rolled steel production by 14.3% y/y and 2.1% m/m – to 233.1 thousand tons, and pig iron production by 22.7% y/y and 4.1% m/m – to 294.5 thousand tons. Steel production increased by 15.7% y/y and 2.7% m/m – to 277.9 thousand tons.

As a reminder, in 2024, Zaporizhstal increased its production of commercial rolled steel by 18.3% compared to 2023, to 2.43 million tons. Pig iron production amounted to 3.11 million tons (+14.3% y/y), and steel production – 2.89 million tons (+17.2% y/y).

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

As part of the 2024 investment program, the company allocated UAH 938 million to maintain production facilities. In particular, the funds were invested in major overhauls of the main production units, implementation of investment projects in occupational safety, information technology and social sphere. In 2025, investments are planned to increase to UAH 1.1 billion.