Steel Production: News

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David Arakhamia's long game for power

As the Ukrainian government was engulfed in a major corruption scandal last November, the biggest one in years, a number of lawmakers from President Volodymyr Zelensky's party saw it as a do-or-die moment. The attention was fixed on one man: Andriy Yermak, the president's powerful chief of staff. For years, Yermak had accumulated influence to a degree that frustrated ministers, lawmakers, and even some members of the president's inner circle. Now, as investigators closed in and the political pr

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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