This report provides an analysis of the steel industry in Ukraine and Romaina prinicipally focusing on one of the largest steel company’s (Metinvest) position in this segment in Ukraine. The report aims to describe the current situation, in order to develope a forward looking statement about this important segment within the economy. The report concatrates on the roll of steel industry in economy and shows the trends in this segment in recent years. It provides a comparison about the crude steel production of the largest companies in the segment (Metinvest, ArcelorMittal, Evraz), furthermore the report’s goal is giving a overview briefly about the Metinvest company. It surveys briefly of the role of steel industry in Romanian economy, the trend of crude steel production and the market situation.