Overview of the dynamics of Ukraine's metallurgy industry
The metallurgy industry of Ukraine demonstrated heterogeneous dynamics in January-November 2025: an increase in pig iron and rolled steel production, but a decrease in steel output. In particular, pig iron production increased by 10% and reached 7.19 million tons in the 11 months of 2025. In November 2025, pig iron production rose by 30%, amounting to 704 thousand tons.
At the same time, steel output decreased by 3% to 6.81 million tons during the same period. Nevertheless, in November 2025, steel production still grew by 18.5%, reaching 641 thousand tons. Rolled steel production also showed positive dynamics, increasing by 4% to 5.97 million tons in the 11 months of 2025. November brought even more growth: rolled steel output increased by 23% and totaled 589 thousand tons.
Ukraine's positions in global metallurgy
In the first half of 2025, Ukraine climbed from 14th to 13th place in pig iron production, producing 3.67 million tons, which is 5.82% more than in the same period of 2024. However, in steel production, the country rose from 22nd to 21st place, producing 3.68 million tons, which is 4.94% less compared to January-June 2024.
This data also reflects the global trend:
- Global pig iron production decreased by 0.80% to 698.60 million tons;
- Steel production fell by 2.21% to 934.29 million tons.
Thus, Ukrainian metallurgy demonstrates a mixed production dynamic, with positive results in pig iron and rolled steel, but challenges in steel output.
Analysis shows that despite the overall decline in global steel and pig iron production, Ukraine has managed to achieve certain successes in pig iron and rolled steel production. However, the decrease in steel output may indicate structural problems in the industry that require attention.
Considering global trends, Ukrainian metallurgical enterprises may face new challenges that require adaptation to changing market conditions.