Ukrainian metallurgical enterprises demonstrated further recovery of the industry in 2025 after the crisis caused by the full-scale war. According to official statistics, in 2025, the production of rolled products in Ukraine increased by 4.8% compared to the previous year, reaching 6.52 million tons.
This is reported by Finway
Market Dynamics of Rolled Products and Steel
Despite the increase in rolled product output, the steel industry faced certain challenges. In particular, in 2025, steel production decreased by 2.2%, amounting to 7.41 million tons. This trend may indicate a shift in production approaches – likely the use of imported billets or accumulated raw material stocks to ensure production stability.
In 2025, enterprises increased rolled product production by 4.8% compared to 2024, reaching 6.52 million tons. However, the statistics for 2025 revealed an ambiguous trend: while rolled product output increased, steel production for the year decreased by 2.2% to 7.41 million tons. Such figures may indicate that enterprises are utilizing imported billets or strategic raw material reserves.
Growth in Pig Iron Production
At the same time, pig iron production in Ukraine continued to grow rapidly. By the end of 2025, enterprises increased pig iron output by 11.2% to 7.88 million tons. This marks the second consecutive year in which pig iron production has shown leading growth rates compared to other segments of the industry. Overall, since 2023, pig iron production in the country has increased by 31.4%.
This growth allows metallurgists to enhance their independence from imported billets and creates a favorable foundation for further increases in steel and rolled product production. The high rates of recovery demonstrate the resilience of the Ukrainian metallurgy sector and its ability to adapt to challenging conditions.