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Metinvest reports a decrease in steel production and an increase in pig iron production in the 1st quarter of 2026

Метинвест сообщает о снижении производства стали и увеличении производства чугуна в 1 квартале 2026 года

The Ukrainian mining and metallurgical group "Metinvest" summed up the operating results of the first quarter of this year.

Accordingly, in this quarter the company's total steel production amounted to 454,000 tons, decreasing by 19.5 percent quarterly and by seven percent year on year, while the volume of pig iron production decreased by 11.7 percent compared to the previous quarter and increased by 0.4 percent year on year to 438,000 tons.

In the first quarter, Metinvest's semi-finished products production amounted to 185,000 tons, decreasing by 31.7 percent compared to the previous quarter and increasing by 6.9 percent compared to the same quarter 2025, while finished steel production rose 7.7 percent quarter-on-quarter and 10.6 percent year-on-year to 660,000 tons. Specifically, flat production rose 0.3 percent quarter-on-quarter and 11.9 percent year-on-year to 292,000 tons, while long production rose 8.4 percent year-on-year and 3.9 percent year-on-year to 349,000 tons.

B In the mining segment, the company's total iron ore concentrate production in the quarter decreased by 2.5% quarter-on-quarter and increased by 1.8% year-on-year to 3.88 million tonnes, while pellet production was 1.30 million tonnes, down 3.2% quarter-on-quarter and down 23.6% year-on-year. In addition, total coke production decreased by 8.2 percent



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