Yuriy Ryzhenkov, CEO of Metinvest, highlighted these concerns, saying that the company faces issues about securing stable demand for Ukrainian steel in the domestic market, which can only be addressed once peace returns to Ukraine.
Key factors affecting exports include the competitiveness of Ukrainian producers in global markets, maintaining liberalized steel trade with the EU, the US, and the UK, and strengthening sanctions against Russia.
Additionally, the company emphasizes the need for a consistent environmental and industrial policy focusing on eco-modernization and decarbonization.
In 2024, Metinvest reported a 4% increase in steel production and a 3% rise in pig iron production, signaling resilience despite challenges.
Ukraine’s Metinvest Group to tackle financing and market competitiveness in 2025
In 2025, Metinvest Group, a major player in Ukraine's mining and metals sector, anticipates challenges, particularly regarding financing for modernization and green transition projects.
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