Ukraine no longer has steel industry. Russian strikes have put three plants – which produced 90 per cent of country’s steel – out of action, - FT
As a result of Russian shelling, three factories that accounted for 90 per cent of Ukraine’s steel production have ceased operations.
This is reported by Censor.NET, citing the Financial Times.
Three factories were put out of action at once
As noted, the first few days of September were marked by ballistic strikes by the Russian Federation, which put Ukraine’s last three major steelworks in the Zaporizhzhia and Dnipropetrovsk regions out of action.
"As things stand today, Ukraine no longer has a steel industry," said Oleksandr Vodovyz, chief of staff to the CEO of "Metinvest".
"They knew everything about the factory; they knew exactly where to strike," he remarked.
The ballistic missiles were aimed at the blast furnaces of three plants, including two Metinvest plants and the ArcelorMittal plant in Kryvyi Rih.
The companies reported that these plants, which accounted for 90 per cent of Ukraine’s steel production, had to be shut down.
Uncertain recovery timelines and a threat to the budget
"At the moment, we don’t know how long the repairs will take – days, weeks, months or years," Vodoviz told the publication.
He noted that the shutdown of the plants, which employ a total of over 15,000 workers, could have serious consequences and a significant impact on tax revenues for the Ukrainian budget.
