Metinvest News — GMK Center

Speed and manpower determine the industry’s resilience during wartime – Metinvest CEO

Masha Malonog — Mon, 25 May 2026 12:13:39 +0000

Speed is key to industrial resilience during wartime, and people remain a critical resource. This was stated by Yuriy Ryzhenkov, CEO of the Metinvest Group, at the GLOBSEC Forum in Prague, according to a company press release. According to him, to survive in wartime conditions, Ukrainian industrial companies must focus on several key areas. This […]

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Metinvest’s Kryvyi Rih mining and processing plants paid 1.3 billion UAH in taxes in Q1

Masha Malonog — Fri, 15 May 2026 08:57:15 +0000

Metinvest’s United Mining and Processing Complex, which comprises the Northern, Central, and Ingulets Mining and Processing Plants, paid 1.3 billion hryvnias in taxes and fees to budgets at all levels during the first three months of this year. This is 200 million hryvnias more than during the same period last year. This was reported by […]

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The EU is changing its rules on steel imports: what this means for Ukraine

Masha Malonog — Wed, 13 May 2026 07:13:40 +0000

The European Union is preparing new rules for access to the steel market, which poses additional challenges for Ukrainian exporters. Against the backdrop of the implementation of the CBAM mechanism and new protective measures, questions arise regarding the survival of the domestic mining and steel sector and the logic of European integration amid the war. […]

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Metinvest’s Zaporizhzhia-based enterprises paid over 778 million UAH in taxes in Q1

Masha Malonog — Fri, 08 May 2026 09:40:46 +0000

Metinvest Group companies in Zaporizhzhia—Zaporizhstal, Zaporizhkox, Zaporizhvognetryv, and Metinvest Machinery—increased their tax and fee payments to budgets at all levels by 10% year-on-year – to UAH 778 million in the first quarter of 2026. This was reported by Zaporizhstal. Metinvest Group companies have once again confirmed their status as key taxpayers in the Zaporizhzhia region. […]

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Metinvest cut steel production by 20% in Q1

Masha Malonog — Thu, 07 May 2026 11:25:03 +0000

According to its first-quarter 2026 results, Metinvest Group reduced steel production by 20% compared to the previous quarter, to 454,000 tons. Pig iron production during this period fell by 12% year-over-year, to 438,000 tons. This is stated in the company’s report. Pig iron production for January–March remained at the same level as the same period […]

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Zaporizhstal topped the list of the largest employers in Zaporizhzhia region

Masha Malonog — Thu, 07 May 2026 08:34:59 +0000

The Zaporizhstal Steel Works took first place in the ranking of the largest employers in the Zaporizhzhia region. This was reported by the company’s press service, citing data from the OpenDataBot analytical platform. The ranking was compiled based on an analysis of Ukrainian companies’ financial statements for 2025. Zaporizhstal Steel Works became the leader in […]

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80% of Metinvest’s demobilized employees are returning to work

Masha Malonog — Tue, 05 May 2026 10:34:12 +0000

About 80% of demobilized Metinvest Group employees return to work at the company’s facilities after their military service. This is facilitated by a comprehensive ecosystem for veteran reintegration, which includes psychological support, assistance for families, retraining, workplace adaptation, and the development of an inclusive environment. This was stated by Tetyana Petruk, Director of Sustainable Development […]

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Metinvest paid 4.3 billion UAH in taxes in Q1

Masha Malonog — Mon, 04 May 2026 10:30:23 +0000

In the first quarter of 2026, Metinvest Group, including its associates and joint ventures, paid 4.3 billion UAH in taxes and fees to budgets at all levels in Ukraine. This is stated in the company’s press release. The largest single payment was the subsoil use fee, amounting to UAH 1.2 billion. In second place was […]

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Ukraine is negotiating with the EU regarding a possible exemption for the steel industry from the CBAM

Masha Malonog — Thu, 30 Apr 2026 10:51:11 +0000

Ukraine is negotiating with the EU regarding a possible exemption for its steel industry from the CBAM. This exemption, if granted, would be an unprecedented step, noted Yuriy Ryzhenkov, CEO of the Metinvest Group, in an interview with Politico. As the publication notes, the negotiations are taking place amid warnings from Ukrainian companies that the […]

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Metinvest has fully paid off its 2026 bonds

Masha Malonog — Thu, 23 Apr 2026 10:11:50 +0000

Metinvest B.V., the parent company of the international vertically integrated iron and steel group of companies (“Metinvest”), has announced the full and timely payment on its 2026 bonds. This is stated in the group’s press release. “The group has successfully completed the redemption of its 2026 bonds, marking another important milestone for Metinvest amid the […]

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Iron and steel sector of Ukraine paid $0.9 bln in taxes in 2025

gembarska94 — Wed, 22 Apr 2026 08:08:49 +0000

In 2025, the largest iron and steel companies of Ukraine paid $0.9 bln of taxes, according to preliminary estimates included in the annual study of GMK Center “Economic impact of iron and steel sector of Ukraine 2025”. Despite the war the iron & steel industry continues ensuring significant and regular tax payments that support the […]

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Metinvest continues to pursue its strategy for the development of Ukrainian enterprises despite the war

Masha Malonog — Wed, 15 Apr 2026 11:54:48 +0000

Despite the challenges posed by the war, the Metinvest Group is continuing its strategy for the development of its Ukrainian enterprises by investing in the reliability and efficiency of production. This was stated by Gregory Mason, Chairman of the Committee on Industrial Safety, Occupational Health, and the Environment of the company’s Supervisory Board. Mason, along […]

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The first few months of CBAM implementation have already had a negative impact on the Ukrainian steel industry

Masha Malonog — Wed, 08 Apr 2026 05:30:25 +0000

The European Carbon Border Adjustment Mechanism (CBAM) has become one of the most pressing threats to Ukraine’s iron and steel sector. Despite warnings from members of parliament, industry associations, and think tanks, the Ukrainian government has failed to convince the European Commission that Ukraine needs a delay in the implementation of CBAM or an exemption […]

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Metinvest Polytechnic has graduated nearly 50 more master’s degree holders in the iron and steel sector

Masha Malonog — Wed, 01 Apr 2026 14:52:47 +0000

Metinvest Polytechnic, Ukraine’s first private mining and metallurgical university, graduated nearly 50 master’s degree students in March of this year. This was reported in a press release from Metinvest. Among the graduates are employees of the group’s enterprises, including Zaporizhstal, Kametstal, and the Kryvyi Rih Mining and Processing Plants. Most students combined their studies with […]

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Ukrainian exporters need an action plan regarding the European CBAM – Metinvest

Masha Malonog — Tue, 31 Mar 2026 09:49:33 +0000

Modernized Ukrainian enterprises are already able to compete with European ones in terms of costs, but there are a number of obstacles to exporting steel products to the EU, in particular the European Carbon Border Adjustment Mechanism (CBAM). This was stated by Olexander Vodoviz, Head of the Office of the CEO of the Metinvest Group, […]

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Metinvest tops Delo.ua’s ranking of AI leaders in the steel industry

Masha Malonog — Mon, 23 Mar 2026 11:44:48 +0000

Metinvest Group topped Delo.ua’s ranking of AI leaders in Ukraine’s mining and metallurgical sector, according to a company statement. The publication conducted a national study, compiling a list of the top 50 leaders with the best AI practices—companies where artificial intelligence is integrated into strategy, processes, and specific metrics. The ranking participants were listed in […]

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Metinvest has received an international award for securing financing for the Northern Iron Ore

Galina Yermolenko — Fri, 20 Mar 2026 06:05:09 +0000

Metinvest Group was named a winner of the international TXF Deals of the Year 2025 Awards in the Export Finance Commodity Trader category for securing a €23.6 million loan to finance an environmental project at Northern Iron Ore. TXF Deals of the Year (Perfect 10) is a prestigious international award that annually recognises the most innovative […]

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EU regulations pose a challenge for Ukrainian industry – Metinvest

Masha Malonog — Tue, 17 Mar 2026 10:53:50 +0000

Currently, the European Union expects Ukraine to implement European legislation; however, this could pose serious challenges for certain industries, particularly the steel industry, which may be at risk due to stringent regulatory requirements. This was stated by Olexander Vodoviz, Head of the CEO’s Office at Metinvest, during the event “Dialogues on the Future: Business and […]

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What losses did the war cause to the Ukrainian economy and iron and steel industry?

Masha Malonog — Thu, 12 Mar 2026 07:00:49 +0000

Direct losses from the war exceeded $195 billion, while reconstruction needs amounted to $588 billion. The iron and steel indudtry was one of the most affected industries: most indicators fell by 50–70%. GMK Center analyzed the losses suffered by the industry and the role of the iron and steel industry in post-war reconstruction. The price […]

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Metinvest plans to expand its rehabilitation program for veterans through swimming

Masha Malonog — Wed, 11 Mar 2026 08:19:16 +0000

Metinvest Group plans to expand its Free Waves swimming program for veterans’ psychophysiological rehabilitation, according to a company statement. Starting in 2024, current and former military personnel in Zaporizhzhia, Kryvyi Rih, and Kamianske will be able to train free of charge in four swimming pools using the method developed by Olympian Denys Silantiev. Over the […]

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Metinvest ranked among Ukraine’s top three sustainable development leaders according to The Page

Masha Malonog — Thu, 05 Mar 2026 09:52:55 +0000

Metinvest Group ranked second in the top three of the Sustainable Development Program Rating in Ukraine according to the business publication The Page. This was reported in a statement by the company. The top three also included the auditing company Deloitte Ukraine and the IT company SoftServe. The goal of The Page project is to […]

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Central Mining replaced two mills at the enrichment plant

Masha Malonog — Wed, 04 Mar 2026 04:02:00 +0000

Two ball mills were replaced at the enrichment plant of the Central Mining and Processing Plant (Central Mining), which is part of the Metinvest Group. This was reported by Metinvest. Media. In February, in accordance with the scheduled maintenance schedule, specialists at Central Mining replaced the drums of two mills – No. 82 and No. […]

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Metinvest has allocated UAH 10.1 billion to support Ukraine over four years of war

Masha Malonog — Wed, 25 Feb 2026 07:34:23 +0000

Over four years of full-scale war, Metinvest Group has allocated UAH 10.1 billion to support the state and its citizens, according to a company statement. Of this amount, UAH 7.3 billion was allocated to the Ukrainian army as part of Rinat Akhmetov’s Steel Front military initiative. In total, the aid covered more than 1.1 million […]

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Metinvest maintained relative stability in production in 2025

Masha Malonog — Tue, 24 Feb 2026 09:50:23 +0000

In 2025 results, Metinvest Group reduced steel production by 4% compared to 2024, to 2.02 million tons. Pig iron production decreased by 2% year-on-year, to 1.78 million tons, according to the company’s report. In Q4, pig iron production remained at the previous quarter’s level (496,000 tons), while steel production increased by 3% quarter-on-quarter to 564,000 […]

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Zaporizhstal has modernized its APR-4 rolled steel processing unit

Masha Malonog — Sat, 21 Feb 2026 06:30:05 +0000

Metinvest Group’s Zaporizhstal steelworks has modernized the APR-4 longitudinal slitting machine in its hot rolling shop, investing UAH 5.3 million in the project, according to a statement by Metinvest Media. As noted, the APR-4 is designed to cut hot-rolled coils into strips. Prior to the modernization, the design limitations of the winding unit did not […]

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Zaporizhstal has begun shipping rolled products to Metinvest’s Romanian pipe plant

Masha Malonog — Thu, 19 Feb 2026 12:18:35 +0000

The Zaporizhstal steelworks has begun supplying rolled products to Metinvest Tubular Iasi (Romania), which joined the group at the end of last year. This was reported in a statement by the company. Since the beginning of this year, the company has shipped its first batches – 22,000 tons of hot-rolled structural steel certified according to […]

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Metinvest completes overhaul of roasting machine at Northern Mining

Masha Malonog — Wed, 18 Feb 2026 15:06:13 +0000

Metinvest Group’s Northern Mining and Processing Plant (Northern Mining) has completed a major overhaul of the LURGI 552 A roasting machine at its processing complex. UAH 14 million was allocated for the work, according to a press release. Despite the military and economic challenges, the combined mining and processing plant continues to modernize its equipment […]

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Kametstal resumed operation of its rolling mill after forced downtime

Masha Malonog — Mon, 16 Feb 2026 11:20:04 +0000

The Kametstal Metallurgical Plant, part of the Metinvest Group, resumed operation of its rolling mill in January this year after a prolonged forced shutdown. This was reported in a statement by the company. “In the extremely difficult conditions of energy instability caused by unprecedented shelling of infrastructure, the rolling mill operators returned to production and […]

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Metinvest approves new energy targets for United Mining

Masha Malonog — Sun, 15 Feb 2026 08:27:40 +0000

Metinvest Group’s United Mining and Processing Plant (United Mining) has approved a new version of its Energy Management Policy and Targets for 2026. The document aims to systematically improve energy efficiency and reduce energy consumption by the Northern, Central, and Ingulets Mining and Processing Plants. The objectives include compliance with energy consumption standards, rational use […]

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Metinvest continues to invest in the development of green steel industry in Kryvyi Rih, despite the war

Masha Malonog — Thu, 12 Feb 2026 12:42:50 +0000

Despite the war, Metinvest Group is launching a project to build a flotation and finishing complex at the Northern Mining and Processing Plant. This is the second project within a large-scale program to produce high-quality DR pellets used in direct iron reduction technology for the production of green steel. This is stated in the company’s […]

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Over five years, Ukrainian steelmakers paid $5.9 billion in taxes and fees

Masha Malonog — Thu, 12 Feb 2026 07:03:23 +0000

In the context of a war that has been going on for almost five years, ensuring revenues to the state and local budgets has become critically important for financing the army, supporting the population, and rebuilding the country. Steel industry plays an important role in filling budgets at various levels, so in wartime, the state […]

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Zaporizhvognetryv set up 15 new types of refractories in 2025

Masha Malonog — Mon, 09 Feb 2026 13:05:04 +0000

Zaporizhvognetryv, Ukraine’s largest manufacturer of refractory products and part of the Metinvest Group, significantly expanded its product portfolio in 2025, mastering the production of 15 new types of refractory products for lining key units of iron and steel enterprises. Over the course of the year, more than 390 tons of new products were shipped to […]

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New conditions for Ukrainian Railways auctions and railcar cutting: what will change in the scrap market

Masha Malonog — Mon, 09 Feb 2026 10:00:40 +0000

For more than 1.5 years, Ukrainian steel companies were unable to purchase scrap metal from Ukrainian Railways (UZ) due to legislative barriers. During this time, more than 200,000 tons of raw materials accumulated in the company’s warehouses. During a meeting in January with the participation of the head of the board, Alexander Pertsovsky, the parties […]

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Metinvest’s Zaporizhzhia enterprises paid UAH 4 billion in taxes in 2025

Masha Malonog — Fri, 06 Feb 2026 07:38:49 +0000

Metinvest Group’s Zaporizhstal, Zaporizhvognetryv, Zaporizhcoke, and Zaporizhzhia Foundry and Mechanical Plant – transferred nearly UAH 4 billion in taxes and fees to budgets of all levels in 2025, which is 34% more than in the same period last year. This is stated in the company’s press release. Metinvest’s enterprises remain among the largest taxpayers in […]

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Metinvest paid UAH 18.7 billion in taxes in 2025

Masha Malonog — Mon, 02 Feb 2026 10:32:53 +0000

Metinvest Group, including its associates and joint ventures, paid UAH 18.7 billion in taxes and fees to budgets of all levels in Ukraine in 2025. This is stated in the company’s press release. The largest amount of deductions was the subsoil use fee in the amount of UAH 4.6 billion. In second place was the […]

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How energy shortages affect Ukraine’s extractive industry

Masha Malonog — Fri, 30 Jan 2026 07:00:08 +0000

Ukraine’s energy system, designed during the Soviet era with enormous reserves to power industrial giants, has suffered critical damage. During the spring and summer shelling campaign of 2024, Ukraine lost more than 9 GW of generating capacity. For comparison, this is equivalent to the total consumption of several European countries. More than 50% of the […]

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Metinvest mastered the production of 11 new types of steel products in 2025

Masha Malonog — Wed, 21 Jan 2026 06:41:06 +0000

In 2025, Metinvest Group’s metallurgical enterprises launched production of 11 new types of metal products, despite the difficult conditions of wartime and restrictions in energy and logistics. This was reported by the company’s press service. Both the group’s Ukrainian assets and the Bulgarian rolling mill Promet Steel contributed to the expansion of the product portfolio. […]

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Industrial policy should already be the focus of attention — Metinvest CEO

Masha Malonog — Mon, 19 Jan 2026 13:44:20 +0000

Industrial policy must now be the focus of attention and become the subject of daily work that will unite private business and the state. Otherwise, even after the war ends, Ukraine will not be able to revive its industrial power. This opinion was expressed by Yuriy Ryzhenkov, CEO of Metinvest Group, in his column for […]

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Electricity and gas prices in Ukraine for industrial consumers in 2025

Masha Malonog — Mon, 19 Jan 2026 07:00:14 +0000

Due to constant Russian shelling of energy and gas production infrastructure, electricity and gas prices for Ukrainian industrial consumers rose significantly in 2025. Prices for both commodities were significantly higher than for industrial consumers in the EU. Last year, electricity prices on the day-ahead market showed volatile dynamics with two peak periods. After a relatively […]

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Metinvest Polytechnics strengthens cooperation with leading European companies

Masha Malonog — Mon, 12 Jan 2026 10:30:52 +0000

Metinvest Polytechnic, Ukraine’s first non-state mining and metallurgical university, is strengthening its international cooperation with leading European companies. This was announced in a statement by the university. As part of the partnership with Sarralle Group, university representatives – postgraduate student Igor Navolnev and Ivan Volovnenko, leading ITV technologist at the Metinvest Sichstal Directorate for Technology […]

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Restrictions on scrap exports are a prerequisite for the development of EAF capacities in Ukraine – Metinvest-Resource’s CEO

Masha Malonog — Fri, 09 Jan 2026 15:05:25 +0000

Metinvest Group plans to increase steel production by 300,000–500,000 tons this year, which will require an increase in scrap metal consumption. The company expects the Ukrainian scrap market to be in deficit in 2026. The lack of a long-term state policy on export restrictions will significantly reduce the likelihood of new electric steel melting capacities […]

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Zaporizhstal suspended production due to a complete emergency power outage

Masha Malonog — Thu, 08 Jan 2026 14:13:36 +0000

As a result of a Russian drone attack on Ukrainian energy infrastructure on January 7, an emergency power outage occurred in the Zaporizhzhia region. The Zaporizhstal steel plant and other energy consumers in the region lost their external power supply. As a result, the plant was forced to suspend all production processes. This was reported […]

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How mining industry can impact Ukraine’s recovery and economic renewal

Masha Malonog — Thu, 01 Jan 2026 10:25:56 +0000

This material is based on a speech by Stanislav Zinchenko, CEO of GMK Center, at the Resourcing Tomorrow conference during the round table discussion «The Mining Sector’s Role in Reconstruction and Economic Renewal of Ukraine». Ukraine is ready to support the EU’s green transition in the steel industry if it has access to cheap investments. […]

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Robots near the blast furnace: artificial intelligence in steel industry

Masha Malonog — Wed, 31 Dec 2025 08:30:10 +0000

Artificial intelligence (AI) did not appear only after the development of ChatGPT, and numerous analogues quickly emerged. Various AI technologies have long been successfully used in many areas of production, and steel industry is no exception. Artificial assistance AI can be used in metallurgy both as part of a separate project and as an important […]

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Metinvest acquires Romanian pipe plant ArcelorMittal Tubular Products

Masha Malonog — Wed, 17 Dec 2025 09:27:01 +0000

On December 16, 2025, Metinvest Group closed a deal to acquire the Romanian company ArcelorMittal Tubular Products Iași, located in the city of Iași. This was reported in a press release from the company. The plant specializes in the production of welded structural pipes for construction, mechanical engineering, infrastructure, and the agricultural sector. Its maximum […]

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