Ukrainian Metallurgy on the Verge of a System Shutdown: 72% of Steel Production Under Threat,
4 Articles
4 Articles
This may lead to loss of export earnings, construction costs and problems with the course of the hryvnia.
Key steel producers have shut down due to Russian attacks. Ukraine's metallurgy industry is in deep crisis. In August, Russian strikes disabled two key plants – Zaporizhstal and ArcelorMittal Kryvyi Rih – which would account for approximately 72% of Ukraine's steel production in 2025, according to RBC-Ukraine, citing a report from LIGA.net. The shelling and naval blockade have shut down key metallurgical plants. The timeline for the plants' full…
Ukrainian metallurgy is in deep crisis: in August, Russian strikes brought down two key enterprises — Zaporizhstal and ArcelorMittal Kryvyi Rih, which accounted for about 72% of steel smelting in Ukraine in 2025.
The Ukrainian metallurgy was in deep crisis. In August, two key enterprises, Zaporostal and ArcelorMittal Krivoy Rog, which accounted for about 72 per cent of Ukraine's steel production in 2025, were destroyed by Russian strikes.
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