"As a result of the war, logistical constraints, and a decline in global demand and prices for mining and metallurgical products, Ukrainian metallurgy is in a critical state. During the energy crisis caused by the war, the rising costs of electricity delivery for metallurgical enterprises will lead to further production cuts," the letter states.
In "Ukrmetallurgprom," they emphasize the need to optimize expenses within the tariff structure. For instance, the costs for purchasing electricity to compensate for technological losses are planned at 14.3 billion UAH – which is 12% higher than in 2024. However, experts estimate that technological losses could be significantly reduced.
"Labor costs, social contributions, and other operational expenses should remain at the 2024 level. Wage increases should only occur in parallel with productivity growth and workforce optimization," the association added.
The organization also suggests refraining from repaying the principal amount of borrowed loans in 2025, instead proposing to restructure and refinance them, paying only the interest.
"Ukrmetallurgprom" calls for setting the electricity transmission tariff at no more than 528.57 UAH/MWh in 2025," the organization concluded.