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Automatically translated version. May contain inaccuracies compared to the original.
Ukrainian metallurgy is beginning to halt due to the blockade of ports
"Economic Truth" writes that Ferrexpo has already suspended operations at the Poltava Mining and Processing Plant for 10-20 days, and the Southern Mining and Processing Plant of Metinvest has also stopped extraction.
Metinvest predicts that output at the United Mining and Processing Plant could fall by 30% in August, and rail shipments will decrease by 1,3 million tons monthly.
Ukrmetallurgprom warns that if the seaports do not resume operations soon, enterprises will begin to move en masse into idle mode or close.
The closure of the maritime corridor will cost metallurgy $150-200 million monthly, and production will drop by 35%.
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