Steel Production: News
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Tuesday, August 25
Court sets bail at $448,000 for Zelensky's ex-deputy chief of staff suspected of money laundering
The High Anti-Corruption Court on Aug. 25 placed Iryna Mudra, a former deputy head of the President's Office, in custody for two months in a graft case and set bail at Hr 20 million ($448,000).
Lithuania allocates 600,000 euros to bring home Ukrainian children abducted by Russia
"Сhildren cannot be used as instruments of war or occupation," First Lady of Lithuania, Diana Nausediene, said.
Brussels says Ukraine made 'no official request' to get EU money sooner, despite Zelensky's public plea
"Our contribution plays a major role in getting funds to Ukraine, but it is not sufficient on its own," a European Commission spokesperson said, adding that other partners must "follow suit."
US asked Ukraine to refrain from striking Moscow during CIA chief's visit, source says
"They don't believe in the strength of (Russian President Vladimir) Putin's air defenses," the source said.
Sense Bank appoints new board member after corruption probe
Peter Novak, a Slovak with 25 years of experience in the IT and banking sectors, replaced former board member head Mykola Hladyschenko after he was officially dismissed from his position on Aug. 21 by the government due to his suspected involvement in a money laundering scheme.
UK, France approve Storm Shadow/SCALP missile production in Ukraine, Zelensky says
The decision could help Ukraine move closer to producing the missiles at home. The U.K. has agreed to let European defense company MBDA share classified technical information on British-made parts of SCALP missiles with Ukraine, the U.K. government said on Aug. 24.
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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"So far, he has said that this constitutes an escalation," President Volodymyr Zelensky told reporters on Aug. 22. "However, he may change his mind once he sees further arguments."
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