Ukraine’s iron and steel industry

Ukrainian steel industry peaked in 2024: what’s next?

Pig iron production reached 7.09 million tons, steel – 7.57 million tons, rolled products – 6.22 million tons

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Exports of semi-finished steel products from Ukraine amounted to 1.89 million tons in 2024

Shipments increased by 56.7% y/y, mainly due to the exit of domestic products to distant markets

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Pig iron exports from Ukraine reached 1.29 million tons in 2024

Shipments increased by 3.4% y/y, mainly thanks to the resumption of exports to the USA

Ukrainian steelmakers produced 7.6 million tons of steel in 2024

Production increased by 21.6% y/y, but still significantly lower than pre-war indicators

Ukraine exported 33.7 million tons of iron ore in 2024

Shipments increased by 89.8% y/y, mainly due to the opening of the sea export corridor

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Ukrainian steelmakers produced 7.1 million tons of pig iron in 2024

Production increased by 18.1% y/y, but are still significantly lower than pre-war levels

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Zaporizhstal increased rolled steel production by 18.3% y/y in 2024

Steel production increased by 17.2% m/m, and pig iron – by 14.3% m/m

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ArcelorMittal Kryvyi Rih claims tax pressure through repeated inspections

The company disputes tax claims for UAH 1.35 billion and demands a transparent approach to business

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Interpipe Nico Tube – the winner of the FEU Ukrainian Employers Awards

The company has been recognized for its resilience and preservation of production in frontline Nikopol

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Kametstal set up 13 new types of steel products in 2024

The company holds the lead among Metinvest's assets in terms of the number of new products introduced

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Kametstal completes overhaul of main air separation unit

The operation of the AKAr-40/35 unit was resumed after a 50-day repair

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