Steel Production: News

News Feed

All EU sanctions linked to Russia's war may expire as France, Slovakia seek to delist oligarchs

All of the EU's 3,000 sanctions against individuals helping Russia's war effort could be extinguished overnight if Brussels, Paris, and Azerbaijan fail to find a compromise by Sept. 21, EU diplomats told the Kyiv Independent. The EU is set to renew the sanctions against Russia-linked individuals on Sept. 21. The package accounts for about half of the EU's total sanctions listings. Given that Russia has not changed its behavior towards Ukraine since 2022, the vote to renew sanctions against tho

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.

Read more

News Feed