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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's prosecution service gets a low-profile boss amid high-profile scandals

Anton Kovalsky, who was appointed as Ukraine's acting prosecutor general on Sept. 17, is taking over a prosecution service mired in scandal and controversy. His predecessor, Ruslan Kravchenko, fled Ukraine on Sept. 14 amid a large-scale investigation by the National Anti-Corruption Bureau (NABU) into an alleged scam call center protection racket run from the Prosecutor General's Office. As a result of the investigation, a top prosecutor, described as a "confidant" of Kravchenko, was charged. P

Anton Kovalsky, Ukraine's acting Prosecutor General, in an undated photo.

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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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