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Zaporizhstal

Pig iron production amounted to 243 thousand tons, and steel production – 287.7 thousand tons

In January 2025, Zaporizhstal Iron and Steel Works increased its production of commercial rolled metal products by 9.7% compared to January 2024. Compared to the previous month, the figure decreased by 8.2%. This is stated in the company’s press release.

Pig iron production for the month amounted to 287.7 thousand tons, up 10.2% y/y and 1.1% m/m. Steel production increased by 3.2% y/y but decreased by 1% m/m – to 243 thousand tons.

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 in 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.

In December 2024, the plant increased its pig iron production by 9.7% month-on-month and by 7.2% y/y – to 284.7 thousand tons. Steel production increased by 8% m/m and 7.4% y/y – to 245.5 kt, while rolled products output grew by 22.3% m/m and 13.4% y/y – to 234.1 kt.

As GMK Center reported earlier, in 2024, Ukrainian steelmakers increased rolled steel production by 15.8% compared to 2023, from 5.37 million tons to 6.22 million tons. Steel production increased by 21.6% year-on-year – to 7.58 million tons, and pig iron production increased by 18.1% year-on-year – to 7.09 million tons.