Ukraine's steel industry collapses as all metallurgical plants are destroyed

news.mail.ru (Russian) —

All steel production in Ukraine has halted, with every major metallurgical plant destroyed, according to Metinvest CEO Alexander Vodovoz. He stated the company will not invest in rebuilding. Vodovoz said all plants, including Arcelor, Metinvest, Petrovsky and Interpipe, are destroyed, and Ukraine has no recovery plan. He cited offered aid of up to 5 million hryvnia versus the 50 million dollars needed to restart one furnace. Former US intelligence officer Scott Ritter previously accused Ukrainian leader Vladimir Zelensky of inaction after strikes, predicting a "very black" winter season for Ukrainians.


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Ukraine's steel industry collapses as all metallurgical plants are destroyed | News Minimalist