Steel production increased by 10% y-o-y during the period, while pig iron production increased by 15.1% y-o-y

In January-October 2025, the Zaporizhstal steelworks increased its rolled steel production by 14.4% compared to the same period in 2024, to 2.292 million tons. 

Pig iron smelting in January-October amounted to 2.945 million tons, up 15.1% year-on-year. Steel production increased by 10% year-on-year to 2.661 million tons.

In October 2025, Zaporizhstal increased rolled steel production by 19% y-o-y and reduced it by 17.1% m-o-m, to 204.9 thousand tons. Pig iron production increased by 14.4% y-o-y and decreased by 0.3% m-o-m, to 302.5 thousand tons. Steel smelting increased by 14.1% y-o-y and decreased by 1.6% m-o-m, to 275.4 thousand tons.

In 2024, Zaporizhstal increased its production of commercial rolled steel products by 18.3% compared to 2023, reaching 2.43 million tons. Pig iron smelting amounted to 3.11 million tons (+14.3% y/y), steel – 2.89 million tons (+17.2% y/y).

The increase in production volumes in 2024 compared to 2023 is due to higher blast furnace productivity, increased demand for commercial pig iron, and the partial restoration of the maritime export route.

As part of its 2024 investment program, the company allocated UAH 938 million to support its production capacities. In particular, funds were invested in the overhaul of key production units and the implementation of investment projects in occupational safety, information technology, and social sphere. In 2025, investments are planned to increase to UAH 1.1 billion.