Back
Automatically translated version. May contain inaccuracies compared to the original.
Great Pogrom: Ukrainian Metallurgy Is on the Verge of a Prolonged Shutdown — EP
📍After a series of Russian strikes in August–September, key metallurgical enterprises stopped or sharply reduced operations. Just at Zaporizhstal and Kametstal, 22 ballistic missiles were launched since August, of which 17 hit the Zaporizh plant.
📍In August, steel production fell by 57,3%, pig iron by 65,6%, and rolled products by 57,4% year on year.
📍The industry has already lost a significant share of economic weight: its share of GDP shrank from 10,3% before the war to 5,5% in 2025. In 2025 the mining and metallurgical complex generated about $6,2 billion in foreign-currency revenue.
📍The shutdown of the plants strikes not only production. At risk are Ukrainian Railways, related industries, local budgets, and about 270 thousand jobs.
📍Ukraine is becoming increasingly dependent on imported metal: imports of long rolled products have already risen by 64%, while domestic sales of Ukrainian products fell by 7,6%.
📍Zaporizhzhia, Kryvyi Rih, and Kamianske are particularly vulnerable, where large plants are key employers and taxpayers.
To emerge from the crisis, metallurgy needs international funds to restore plants, unblock maritime logistics, locomotives for Ukrainian Railways, suspension or relaxation of EU quotas, and a special CBAM regime for Ukrainian steel.
Without this, even a halt to the shelling itself does not guarantee a return to full operation of metallurgy — there is no point in restoring plants whose products cannot be exported.
Ukraine Online | Subscribe
Telegram publication
