Steel Production: News

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Ukraine war latest: Russia's oil output falls to one-year low amid Ukrainian strikes

*Ukraine aims to isolate Crimea from Russia, drone commander 'Madyar' says *Ukraine's drone advantage over Russia grows as nearly 180,000 military targets struck in May, Syrskyi says*Ukraine reportedly strikes military targets, hit several bridges in large-scale attack across Russian-occupied CrimeaNew*Lockheed Martin unable to guarantee Patriot missile delivery timelines for US allies, top executive says

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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