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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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The U.K. has sanctioned Alexander Tattersall, a Dutch national, and Redwing Metal, the Turkish company he co-owns, nearly four months after a Kyiv Independent investigation revealed the firm had funneled EU-made industrial machinery to Russian metallurgical plants that supply the country's missile and fighter jet manufacturers. Tattersall and Redwing Metal were blacklisted as part of a package of 38 designations announced by the U.K. Foreign, Commonwealth and Development Office (FCDO) on Oct. 8

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