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Ukraine’s iron and steel industry - Latest news GMK Center

Photo – Ukraine reduced iron ore exports by 40.9% y/y in January-February
Ukraine reduced iron ore exports by 40.9% y/y in January-February

The bulk of raw materials was sent to China, Slovakia, and Poland

Photo – ArcelorMittal Kryvyi Rih announced a deterioration in the situation with electricity, gas, and railway tariffs
ArcelorMittal Kryvyi Rih announced a deterioration in the situation with electricity, gas, and railway tariffs

Electricity reached $230/MWh in February, and the share of energy resources in the cost price rose to 40%

Photo – The Ukrainian coated steel market continued its recovery in 2025 – Metipol
The Ukrainian coated steel market continued its recovery in 2025 – Metipol

Consumption of galvanized steel and PPGI has increased, but the share of imports in the HDG segment continues to put pressure on the domestic market

Photo – Ferrexpo has resumed pellet production at Poltava Mining and Processing Plant
Ferrexpo has resumed pellet production at Poltava Mining and Processing Plant

The company has restarted one pelletizing line thanks to improved energy supply and is exporting its products to Europe

Photo – Sergiy Bilenky: «The shortage of personnel in iron and steel industry is approximately 20%»
Sergiy Bilenky: «The shortage of personnel in iron and steel industry is approximately 20%»

The head of the Federation of Metallurgists of Ukraine on the current situation in the field of employment, wage dynamics, and shortcomings in the reservation system

Photo – Zaporizhstal reduced steel production by 4.1% m/m in February
Zaporizhstal reduced steel production by 4.1% m/m in February

Compared to the average monthly figure for 2025, production decreased by 15.7%

Photo – Zaporizhcoke increased production by 13.6% y/y in February
Zaporizhcoke increased production by 13.6% y/y in February

Production recovered slightly after weak results in January

Photo – Kametstal paid nearly UAH 2 billion in taxes in 2025
Kametstal paid nearly UAH 2 billion in taxes in 2025

The company increased its contribution to the budget of Kamianskе and the state

Photo – Sukha Balka and DMZ paid nearly UAH 650 million in taxes for 2025
Sukha Balka and DMZ paid nearly UAH 650 million in taxes for 2025

DCH Steel Group companies ensured stable revenuesя до держбюджету та місцевих бюджетів

Photo – Metinvest maintained relative stability in production in 2025
Metinvest maintained relative stability in production in 2025

Pig iron production decreased by 2%, steel production by 4%. Production of semi-finished steel products remained at the 2024 level, while finished steel products increased by 8%

Photo – Ukraine reduced its exports of long rolled steel by 62% y/y in January
Ukraine reduced its exports of long rolled steel by 62% y/y in January

The majority of the products were exported to EU countries

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