Metinvest Reports Steel Production Growth for 2025 Amid Operational Challenges.

Metinvest's 2025 Operational Results

According to TSN.ua: Metinvest has released its 2025 performance figures, revealing an increase in steel and finished product output despite facing a difficult operating environment. The Ukrainian steel and mining group, one of the country's largest industrial companies, managed to boost its steel production by 3% in the fourth quarter of 2025 to 564 thousand tons. Annual finished product output also saw positive growth, rising by 13% year-on-year to 2.429 million tons.

• Flat product production increased by 20%, reaching 1.107 million tons.
• Long product output grew by 7%, totaling 1.322 million tons.
• Iron ore concentrate production remained stable at the previous year's level of 15.695 million tons.
• Marketable iron ore product output rose by 3% to 15.229 million tons.
• Coke production decreased by 2% to 1.1 million tons.

Production at the 'Zaporizhkoks' facility grew by 23% in 2025. However, due to security concerns, operations at the Pokrovska Coal Group's production site were suspended. As part of its development strategy, Metinvest is in the final stages of selling its United Coal Company assets in the United States.

Furthermore, since February 24, 2022, the company has invested more than UAH 28 billion in its operations. A major overhaul of blast furnace No. 9 at 'Kametstal' was conducted between April and June 2025, which also impacted the company's annual results. Thus, despite significant challenges, Metinvest demonstrated notable progress in both production and infrastructure development.

In summary, Metinvest's 2025 results highlight the company's resilience in the face of challenges, including those related to security and operational restrictions at certain production sites.

The growth in steel and finished product output, coupled with substantial investments in infrastructure modernization, underscores the company's strategic approach to future development. The pending sale of United Coal Company could influence the group's future business structure, a development worth monitoring in the coming period.