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Employee shows processed iron ore at a plant in Kryvyi Rih, Ukraine, on April 14, 2026.
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Ukraine's steel industry is nearing collapse — and calling for help from abroad

by Dominic Culverwell

Ukraine’s largest steel company, ArcelorMittal Kryvyi Rih, said on Sept. 25 that it cannot restart steel production amid a surge in Russian strikes on factories, as the embattled sector calls for more domestic and international support to prevent its total collapse. Since the summer, Moscow has launched a widespread campaign of attacks on Ukraine’s economy to shut down key industrial centers. The metallurgy sector, which contributed 7% of Ukraine’s  gross domestic product (GDP) last year and em

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Ukraine war latest: Russian attacks on Kyiv kill 7, including 14-year-old boy

Key developments on Sept. 25: * Russian attacks on Kyiv kill 7, including 14-year-old boy, injure 59 as drone strikes continue into daytime * Trump made 'final decision' on granting Ukraine Patriot licenses, Zelensky says * Ukraine strikes Russian oil refineries, missile production facilities, General Staff confirms * Macron cites 'several signs' Russia preparing to mobilize 300,000 people At least seven people, including two children, were killed and 59 others injured in Russian attacks o

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The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

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