The Ukrainian Metal

Ukraine: 20% of steel capacities lost with the destruction of Azovstal

Azovstal was created in 1933. It has the size of 11 square km and before the break of the war it employed 10.7 thousand people.

The plant provided for $2.6 billion of exports, or 3.8% of all Ukrainian exports.

Since 2013, over $1 billion has been invested in Azovstal.

Last year, the company produced 4.34 million tons of steel, up by 3.5% YoY, or one fifth of steel produced in Ukraine, as well as 4.1 million tons of rolled metal (+4.1%) and 3.8 million tons of pig iron (unchanged).

Azovstal was one of the main suppliers of slabs to the European market accounting for 30%. (Ukrainian metal)

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