Metinvest, the largest Ukrainian mining and metallurgical holding, reduced steel production by 10% in January-September of this year compared to the same period last year, to 1.455 million tons.
According to a press release from the parent company Metinvest B.
V. on the results of operating activities for the third quarter of 2025, a decrease in production occurred due to the full-scale military invasion of Ukraine.
As a result, the capacity utilization of the group's plants in Ukraine has been affected by factors related to safety, personnel, electricity, logistics and economics. In 2025, Russia intensified large-scale attacks on Ukraine's energy and gas infrastructure. In October, after the reporting period, this led to damage to the power supply systems at two of the group's facilities in the mining and Metallurgical segments, which led to a decrease in production.
In the third quarter of 2025, production of pig iron and crude steel at Kamet Steel increased by 41% and 30% compared to the previous quarter, respectively, to 497 thousand thousand and 546 thousand thousand. The growth was due to the overhaul of blast furnace No. 9 in April-June 2025 and its higher productivity in the reporting period.
In the first 9 months of 2025, pig iron production decreased by 6% compared to the same period last year to 1.285 million tons, mainly due to the overhaul of GP No. 9 at Kamet Steel. As a result, crude steel production decreased by 10% compared to the same period last year to 1.455 million tons.
The production of cast iron and steel in the 3rd quarter of 2025 doubled compared to the previous quarter to 267 thousand thousand, due to an increase in production of hot metal. In the first 9 months of 2025, the production of commodity semi-finished products decreased by 9% year-on-year to 568 thousand thousand due to a decrease in steel production and an increase in domestic consumption of blanks at subsequent stages of production.
In the 3rd quarter of 2025, the production of finished products decreased by 6% year-on-year to 591 thousand thousand due to the planned overhaul of rolling mills in Italy and Bulgaria in August. In particular, the production of flat rolled products decreased by 8% to 265,000, the production of long rolled products decreased by 4% to 326,000.
In the first 9 months of 2025, the production of finished products increased by 8% year-on-year to 1.818 million tons. In particular, the production of flat rolled products increased by 12% to 817 thousand tons due to the restoration of production of hot-rolled coils at the Ferriera Valsider plant (Italy), the production of long-rolled products increased by 5% to 1,001 million tons.
In the third quarter of 2025, coke production increased by 4% compared to the previous quarter to 287 thousand tons after the launch of additional chambers of coke battery No. 2 at
