Steel Production: News

News Feed

Washington's New Balance and Ukraine – KI Insights monthly briefing

The upcoming midterms will play a major role in shaping Washington's domestic and foreign policy for the coming years. Control of the House and the Senate decides who sets the agenda on security assistance, sanctions against Russia, and oversight of the White House's peace diplomacy. It also increasingly decides how far Congress is willing to act on its own. This year has already shown that Ukraine policy in Washington is no longer decided solely in the White House. In June, a bipartisan coalit

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