Steel Production: News

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About Steel production

Ukraine was the world's 13th-largest steel producer before Russia's full-scale invasion, with an annual output of approximately 21 million tons. The sector previously employed 280,000 workers and generated 12% of Ukraine's GDP. Russian attacks on metallurgical facilities have reduced steel production by over 70% since February 2022. Major plants, such as Azovstal in Mariupol, remain under Russian occupation. Others have ceased operations due to energy shortages and damaged infrastructure.

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Ukraine's long-range drone campaign has acquired a new target in recent days — Wildberries, Russia's online retailer, an equivalent of Amazon. The e-commerce behemoth accounts for almost 50% of Russia’s online retail market but its operations have been severely dented by drone strikes on several warehouses belonging to the company. Dramatic videos of huge fires engulfing the logistics centers in several parts of Russia have emerged all week, with seven warehouses hit since the weekend, two of

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