Even amid the full-scale war with Russia, Ukraine remains among the world’s top 20 steel producers. Metallurgy continues to be one of the key revenue-generating sectors of the economy, employing tens of thousands of people and supporting a broad industrial ecosystem.
“The backbone of Ukraine’s steel industry today consists of six key enterprises: fully integrated plants — Metinvest’s Zaporizhstal and Kametstal, as well as ArcelorMittal Kryvyi Rih — along with steelmaking facilities Interpipe Steel, DMZ, and Dniprospetsstal,” the publication notes.
According to journalists, all of these plants are operating under significant security risks and economic constraints. For example, Zaporizhstal resumed production after halting operations at the start of the full-scale invasion. It is now capable of producing up to 4 million tonnes of pig iron and 3.6 million tonnes of hot-rolled products annually. The plant employs around 8,500 people, more than 1,300 of whom have been mobilized into the Defense Forces.
The war has had a major impact on the sector: Ukraine has lost part of its production capacity, including the Azovstal and Illich Iron and Steel Works plants in Mariupol. Logistics have also been disrupted due to the blockade of seaports, forcing companies to shift exports to overland routes.
“About 60% of production is currently exported, mainly to EU countries. At the same time, the domestic market is gradually recovering due to reconstruction needs,” said Andrii Hlushchenko, an analyst at GMK Center.
Despite these challenges, the industry continues to operate thanks to its own raw material base: Ukraine has significant iron ore reserves, allowing it to sustain the metallurgical cycle even during wartime.
Experts note that metallurgy will play a key role in Ukraine’s post-war recovery, as demand for steel in housing, bridges, and transport infrastructure is expected to grow.
Last year, the metallurgical sector accounted for 15.2% of Ukraine’s export revenues ($6.4 billion). Key exports included iron ore ($2.8 billion) and steel ($2.4 billion). The mining and metals sector also generated nearly 20% of total capital investment in Ukraine’s industry in 2024. Meanwhile, the largest companies in the sector — Metinvest, ArcelorMittal Kryvyi Rih, Interpipe, DCH Steel, and Ferrexpo — collectively paid nearly $1 billion in taxes.
Aircraft manufacturer Airbus delivered 114 planes to 46 customers worldwide in the first quarter of 2026. This represents a 16% decline compared to the first quarter of 2025, when 136 aircraft were delivered, and marks the lowest level for January–March since 2009, according to the company. In the first quarter, Airbus delivered 100 narrow-body aircraft, […]
European airports could face a systemic shortage of aviation fuel within three weeks if the Strait of Hormuz is not fully reopened, the Financial Times reports, citing Airports Council International Europe, which represents more than 600 airports and 95% of air traffic in Europe. In a letter to European Commissioner for Transport Apostolos Tzitzikostas, the […]
The European Union and the United States are nearing an agreement to coordinate the extraction and supply of critical minerals, as part of efforts to reduce dependence on Chinese supplies, Bloomberg reports. The agency reviewed a draft joint “action plan.” The document предусматривает the creation of strong economic incentives that would give suppliers outside China […]
Sabotage at a critical infrastructure facility in the Italian Alps in late March jeopardized fuel supplies to two of Germany’s largest southern federal states—Bavaria and Baden-Württemberg, according to the German outlet Welt am Sonntag. Germany’s largest refinery, Miro, located near Karlsruhe, was left without crude oil supplies for several days due to an attack on […]
European Union countries have increased imports of liquefied natural gas (LNG) from Russia’s Yamal LNG project in Siberia in the first quarter, amid reduced global supply caused by the Middle East crisis. According to data from energy analytics firm Kpler, imports rose by 17% to 5 million tonnes compared to the same period in 2025. […]
Inflation in Ukraine has accelerated: prices rose by 7.9% year-on-year and by 1.7% in March alone. The main reasons were rising fuel costs due to the conflict in the Middle East and higher global oil prices, according to a statement published on the website of the National Bank of Ukraine. Higher fuel and oil prices […]
In Kyiv, the Sky Towers complex was sold at auction for UAH 560.47 million. Construction of the project had been halted back in 2015 due to financial problems. This was reported by Ekonomichna Pravda, citing the OpenMarket electronic auction platform. The unfinished Sky Towers had failed to sell for five years. It has now been […]
Ukrzaliznytsia suffered record losses in less than 2020 – more than 11 billion hryvnias. At the same time, this year the company plans to make a profit of 3.5 billion. According to the Marlin project, Ukrzaliznytsia’s loss in the first three quarters of last year amounted to UAH 11.36 billion. Such results in UZ were […]
Next
Since its launch in May 2023, the ChatGPT mobile app has generated $2 billion, reports TechCrunch, citing data from analytics firm Appfigures. This is 30 times more than the combined revenues of its main competitors – Claude, Copilot, and Grok. In 2025, the numbers skyrocketed: from January to July alone, users spent $1.35 billion, which […]
Next
Lauffer Group will invest 14 million UAH in the expansion and reconstruction program of its own trading network. Lauffer Group continues to implement a program of expansion and renovation of its own sales network in Odessa, Kharkiv and Dnipropetrivsk regions, according to ProAgro. In 2015, Lauffer Group invested about 4.25 million UAH in the opening […]
Next
Ukrainian startup Petcube, which successfully sells gadgets for pets, has attracted an investment in amount of $ 2.6 million from such investors as Almaz Capital and AVentures Capital, which previously invested in the start-up $ 1.1 million. Also, in the round participated legendary business incubator Y Combinator; Ukrainians got into the program of the Y […]
Next
Amazon seems to be looking for a new strong factor for its growth. On Monday, the media wrote about its talks with MGM Holdings, the holding company that owns the 100-year-old film studio Metro-Goldwyn-Mayer. Shares of Amazon jumped 1.47% at the close of trading on the NASDAQ on Monday, continuing to rise in non-trading time. […]
Next
The Security Service of Ukraine (SSU) has disclosed the company in Rivne region, which was trying to assign means of “Agrarian Fund”, PJSC, said the SSU press-center. According to the report, “Agrarian Fund”, PJSC has concluded the exchange transaction with a private company for the supply of 16 thousand tonnes of wheat worth over 67 […]
Next
Ukraine has repaid a $ 350 million loan to Deutsche Bank AG London ahead of schedule this week, Interfax-Ukraine reports citing a source. Including interest, the payment was about $ 354 million. Ukraine took this loan in December last year for up to six months at a rate of up to three-month LIBOR + 5.75%, […]
Next
Olena Prytula, editor-founder of the Ukrainska pravda online publication, and Tomasz Fiala, CEO of Dragon Capital, have entered into an agreement under which 100% of the corporate rights to the publication and all its assets will pass to the Dragon Capital Group. This was reported on the website of the investment company. It is noted […]
Next
Authorities in the United States and the European Union have agreed to end a long-running trade dispute over the aerospace concerns Boeing and Airbus, which has resulted in mutual tariffs of more than $ 10 billion, said Catherine Ty, the US representative at the trade talks. “The US-EU agreement marks significant progress in reaching a […]
Next
Russia’s external government debt reached $61.97 billion as of February 1, 2026, the highest figure in the past 20 years, according to data from the Ministry of Finance of Russia, reported by The Moscow Times. As of January 1, 2006, Russia’s external public debt stood at $76.5 billion, but by 2007 it had fallen to […]
Next
The European regulator on personal data protection has sent a preliminary order to American Facebook to stop the transfer of data of its users in the United States, according to the Wall Street Journal, citing sources familiar with the situation. “The EU’s privacy regulator has sent a preliminary order to Facebook for suspending the transfer […]
Next
In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]
Next
Hyundai Motor has announced a large-scale vehicle recall in the United States due to potentially dangerous airbag performance. According to Reuters, citing the U.S. National Highway Traffic Safety Administration (NHTSA), the service campaign affects 568,576 Hyundai Palisade crossovers. According to the regulator, in these vehicles the side curtain airbags for third-row passengers may deploy incorrectly […]
Next
The commercial court of Kiev had arrested UAH 380,712 million of Creative PJSC, which is one of the largest domestic producers of oil and fat products and part of the Creative industrial group as security in the case of VTB Bank. According to the report, in January 2016, VTB Bank appealed to the court to […]
Next
The American company Walt Disney stated that it is experiencing a number of economic problems due to the coronavirus pandemic, as the result of which it is forced to lay off 28,000 employees in the United States. This was reported by Bloomberg. “No matter how frantic this step is, this is the only possible option […]
Next
Federal Court of the United States filed a criminal charge to a large bank Wilmington Trust Corp. Four former heads of Wilmington Trust Corp. – David Gibson, Robert VA Harrah, William North and Kevin Rakowski are accused of fraud. Professor of the Delaware University – Charles Elson said that it would be unusual criminal proceeding […]
Next
