Zaporizhstal produced 195.7 thousand tons of rolled steel in February

In February 2025, Zaporizhstal Iron and Steel Works reduced production of commercial rolled metal products by 1.4% compared to February 2024 and 8.9% m/m to 195.7 thousand tons. This is stated in the company’s press release.

Pig iron production for the month amounted to 265.4 thousand tons, up 6.7% y/y and 7.7% m/m. Steel production in February 2025 amounted to 235.3 thousand tons (235.4 thousand tons in February 2024), down 3.2% m/m compared to the previous month.

Since the beginning of the year (January-February), the company has produced 553.1 thousand tons of iron, 478.3 thousand tons of steel and shipped 413.3 thousand tons of rolled products.

As a reminder, in 2024, Zaporizhstal increased its production of commercial rolled steel by 18.3% compared to 2023, to 2.43 million tons. The company produced 3.11 million tons of pig iron for the year, up 14.3% y/y, and 2.89 million tons of steel (+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 GMK Center reported earlier, the company allocated UAH 938 million to maintain production facilities as part of its 2024 investment program. 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 expected to increase to UAH 1.1 billion.