It is necessary to change the policy of state monopolies and find a common business language, the operating director of Metinvest said.
It is difficult for Ukraine’s metallurgists to increase production due to many challenges, which the tariffs of state monopoly for energy and logistics resources remain primary, growing significantly in recent years. This was said by the operating director of Metinvest Alexander Mironenko at the Business Wisdom Summit 2025, held at KYIV, the company’s service was reported on Thursday, April 17.
He recalled that the cost of electricity transfer since 2021 rose 2.3 times, the tariff for gas transportation was four times, and the train tariffs-1.7-2.4 times. This is precisely due to high costs (in particular resources and logistics), which no longer play prices in export markets, which is in a simple ingulen mining and plant processing (GZK).
“Ang hindi epektibo ng mga monopolyo ng estado ay nagiging mga karagdagang gastos para sa negosyo – inililipat lamang nila ang kanilang mga problema sa pananalapi at mga espesyal na obligasyon sa mga hindi -consumer ng mga mamimili. Ito ay isang malaking hamon para sa amin. Kailangan nating suriin ang patakarang ito at maghanap ng isang karaniwang wika na may mga monopolyo ng estado. Ngayon ay nagsasagawa kami ng diyalogo sa Ukrzalizalis, na plano nitong madagdagan ang mga taripa ng riles ng 37%.
According to Mironenko, another problem is a scrap defense for metallurgy, which is aggravated due to a constant increase in exports of strategic raw materials from Ukraine. In 2024, scrap exports grew nearly six times compared to 2022.
“We sell strategic raw materials abroad for $ 250 per ton, while steel is $ 550-600,” Mironenko emphasized.
At the same time, the use of 1 ton of scrap for making and exporting steel brings an additional $ 1.2 thousand money earnings and 15 thousand UAH taxes.
“Scrap exports are economically impaired for the state. We must limit the export of scrap, which is required by Ukraine’s metallurgists to increase internal steel manufacture,” said the operating director of Metinvest.
The third most painful challenge for metinvest is the lack of personnel, which is 10-15% of the total number of personnel.
“Since most employees are men, this is a bigger problem, because now only 50% of them can be booked. We use people who are officially scary to people who work in our businesses. Now we are conducting a dialogue in the defense ministry to find a compromise and not to register production.
Remember that the Metinvest Rinat Akhmetov’s Metinvest Group has become Ukraine’s largest exporter according to the results of 2024. The corresponding rating has been published by Forbes Ukraine.
It is also reported that Metinvest took place first with the ranking of Uhraine’s largest private business, with UAH income 270.5 billion.
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Source: korrespondent
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