According to preliminary estimates from the annual GMK Center study "Contribution of the Mining and Metals Complex to the Economy of Ukraine 2025," the country's largest mining and steel companies paid $0.9 billion in taxes in 2025. This contribution comes from key industry players, including Metinvest, ArcelorMittal Kryvyi Rih, Interpipe, DCH Steel, and Ferrexpo. Even amidst wartime conditions, the industry remains a foundational source of budget revenue, supporting the financing of state and local needs. The study estimates that these companies accounted for 1.4% of all tax revenues in Ukraine.
Tax Contribution and Significance for Industrial Regions
The mining and metals complex (MMC) remains a key taxpayer in industrial communities, where large enterprises form a significant portion of local budgets. These revenues support the funding of schools, medical facilities, transport, and public infrastructure. Furthermore, the industry's impact on legal employment is crucial, as major manufacturers ensure steady payroll tax deductions and significant contributions to the social insurance system.
The study also indicates a positive income trend within the sector. In 2025, the average salary in the Ukrainian metallurgy sector grew by 7% year-on-year. Specifically, Metinvest increased wages by up to 20% starting April 1, 2025, while ArcelorMittal Kryvyi Rih raised pay by an average of 15% from May 1, 2025. This further strengthens the consumer and social impact of the MMC in its regions of operation.
In a broader perspective, the industry's contribution is even more substantial. As previously reported by GMK Center, from 2021 to 2025, the largest metallurgical enterprises paid 193 billion UAH in taxes and fees, or approximately $5.9 billion. This total includes corporate income tax, social security contributions, personal income tax, land tax, subsoil royalties, and other mandatory payments.
Impact on the Metal Market and Solutions from winox.ua
For the metal market, these figures signify the MMC's continued systemic role in the national economy and the resilience of the production chain. When large plants and mining companies continue to operate, pay taxes, and raise wages, it supports related segments: logistics, metal processing, service metal trading companies, and industrial construction. For B2B consumers, this is a signal that the domestic metallurgical market maintains its operational foundation even under difficult macroeconomic conditions.
In this context, winox.ua, as a supplier of rolled metal, stainless steel, and non-ferrous metals, works to ensure stable supplies for industrial clients' production and infrastructure projects. For businesses, it is especially important to have a partner that maintains reliable deliveries and predictable procurement terms amidst market fluctuations. This approach helps companies mitigate risks in production planning and fulfill their needs for metal products in a timely manner.
The tax results of the MMC also testify to the industry's high economic multiplier. The more stable the steel industry operates, the more predictable investments in metal processing, structural steel production, machine building, and engineering projects become. Therefore, the dynamics of the sector's tax payments are not only a fiscal indicator but also a vital sign of business activity for the entire rolled metal market in Ukraine.