According to the GMK Center study "Contribution of MMC to the Ukrainian Economy 2025," the mining and metallurgical complex remains a fundamental sector of the national economy, although its share in GDP decreased to 5.5% in 2025. Compared to 2024, this indicator worsened from 7.2%, reflecting the cumulative impact of the war, reduced output of steel and iron ore, and the loss of part of the raw material base. Despite this, the industry continues to generate a significant share of foreign currency earnings and maintains systemic importance for industrial production in Ukraine.
Production Volumes, Exports, and Structural Sector Losses
Key factors reducing the MMC's contribution to GDP were a 2.2% drop in steel production and a 3.3% decrease in iron ore output in 2025. An additional blow was the suspension of coking coal mining in Pokrovsk, as the Pokrovske Mine Management provided 66% of the domestic market for this raw material in 2024. For the metallurgical cycle, this means increased dependence on external supplies and higher production costs.
Despite the production downturn, MMC exports reached $6.2 billion in 2025, and the industry's share of Ukraine's total exports stood at 15.2%. At the same time, the export geography has changed significantly: the EU's share in Ukrainian steel exports rose from 66% in 2024 to 79% in 2025. This indicates a deepening integration of Ukrainian metallurgy into the European market but simultaneously increases reliance on EU regulatory and price conditions.
In other foreign markets, Ukrainian producers are losing ground. According to GMK Center estimates, Chinese and Russian exports are displacing Ukrainian products from MENA, Turkish, and several other markets. Domestically, the situation is also complicating: the share of imports in the internal market reached 40% in 2025, putting direct pressure on domestic producers of metal and rolled steel products.
Market Impact and winox.ua Solutions
For Ukrainian industrial businesses, this dynamic translates to higher supply chain risks, price volatility, and a narrowing domestic supply of specific metal products. Additional pressure is created by high electricity costs and the CBAM factor, causing enterprises to reduce capacity utilization. According to GMK Center, steel production in Ukraine has contracted by 65% over four years compared to pre-war levels, amounting to approximately 7 million tons per year instead of 21 million tons in 2021.
In such conditions, supply predictability, product quality, and flexible procurement policies become critical for metal consumers. This is why the market increasingly values suppliers capable of providing stable prices and reliable logistics for manufacturing enterprises. In this situation, winox.ua acts as a practical partner for B2B clients, offering rolled metal, stainless steel, and non-ferrous metals for industrial tasks with a focus on supply continuity.
The quality and compliance of materials with modern standards are of particular importance, especially when the market experiences structural deficits and intensified import competition. winox.ua works with carefully selected manufacturers and offers certified rolled metal that meets the requirements of modern production. For Ukrainian enterprises, this allows for the reduction of operational risks and more accurate procurement planning in an unstable market environment.
What This Data Means for Ukraine’s Industrial Sector
Current indicators confirm that Ukraine's MMC maintains its strategic importance but operates under significantly weakened competitiveness. Unlike the US, EU, UK, China, and India, where metallurgical industries receive support through subsidies and trade restrictions, Ukrainian companies remain without a similar level of protection. This intensifies pressure on both export routes and the domestic market.
For the metal market, the main takeaway is that the demand for efficient procurement solutions and the diversification of supply channels will grow. Businesses need not only competitive prices but also predictability, technical compliance, and rapid product availability. These factors will increasingly determine the resilience of Ukrainian metal producers and consumers in 2026.