Steel Production: News
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Wednesday, October 28
Kyiv's housing market feels the chill as residents escape ahead of winter
Subscribe to the Newsletter Ukraine Business Roundup Subscribe As temperatures are falling in Kyiv, so are rent prices, with residents leaving the capital to escape Russian bombardment and the prospect of a winter without heating and electricity. Over the last two months, the number of long-term rentals listed on Kyiv's market shot up by 66%, Alona Babko, head of public relations at LUN, a leading real estate portal in Ukraine, told the Kyiv Independent. The sharp rise in vacanci
Russia wants deal with NATO to reshape Europe's security order, Zelensky says
The Kremlin is repackaging these demands as "security guarantees" for itself amid ongoing negotiations to end the war in Ukraine, Zelensky told journalists at a press briefing.
General Staff: Russia has lost 1,583,350 troops in Ukraine since Feb. 24, 2022
The number includes 1,510 casualties that Russian forces suffered over the past day.
Ukraine reportedly strikes chemical, metallurgical plants in Russia
A fire broke out in the area of the Novolipetsk Metallurgical Plant after air defenses were engaged, according to Ukrainian monitoring channel Exilenova Plus.
Putin lectured Nordic leaders on Russian history during latest call, FT reports
Russian President Vladimir Putin delivered a lengthy lecture on medieval Slavic history to the leaders of Norway and Finland during an Oct. 27 phone call, offering little mention of an immediate ceasefire despite renewed diplomatic efforts to end Moscow's war in Ukraine, the Financial Times (FT) reported.
Russia launched over 100 ballistic missiles against Kyiv in past two weeks
Zelensky's comments come one day Russian ballistic missiles targeted Kyiv in a deadly attack on a university campus, a major bridge, an administrative building, and medical facilities in Kyiv. The attack killed one person and injured 15.
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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Before a meeting between Zelensky, Russian President Vladimir Putin, and U.S. President Donald Trump can take place, technical talks among the three countries' negotiating teams must be held first, said Zelensky.
