Steel Production: News
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Tuesday, August 25
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.
'He's sort of like Hitler' — Trump's ex-Ukraine envoy Kellogg warns Putin won't stop at Donbas
Russia would not end its war against Ukraine even if it captured all of Donbas, former U.S. Special Envoy for Ukraine Keith Kellogg told the Kyiv Independent in an interview conducted on Ukrainian Independence Day. Kellogg made the comments during his sixth visit to Ukraine and his first since leaving office. He met with President Volodymyr Zelensky and received briefings on the latest war developments. For Kellogg, the central issue is not how much territory Russia captures, but whether Russi
Kremlin dismisses Donbas free economic zone proposal
Kremlin spokesperson Dmitry Peskov said that Russia considers Donbas its own territory and that it is "unlikely" to be governed by a "third party."
Ukrainian MP charged in graft case involving President's Office flees abroad
Stolar fled abroad more than a month ago and faces the charges of organized crime, embezzlement, corporate raiding, forgery, and hacking.
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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