Steel Production: News

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Ukraine war latest: G7 leaders 'ready to consider' granting military production licenses to Ukraine, agree to increase arms deliveries

Key developments on June 17: * G7 leaders 'ready to consider' granting Ukraine military production licenses, agree to increase arms deliveries * Ukraine strikes Russian shadow fleet tanker in Black Sea, military infrastructure, General Staff says * Ukrainian, French defense firms to receive $23 million in grants under Brave France initiative * 'Hell is beginning' — Ukraine could isolate occupied Crimea as drone strikes disrupt logistics, Fedorov says * Ukraine denies Russian claim that Ukr

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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