Steel Production: News - Page 4
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Thursday, September 3
Ukraine's plan to close Russia's airspace — what we know
Ukraine wants to close Russia's skies and has a plan to do it. In an announcement on Sept. 1, President Volodymyr Zelensky gave few details about what it would entail, other than making clear it would involve lots of drones. "There will simply be drones in Russia's skies on a scale that has to be taken into account," he said, as he warned "every airline that uses Russian airspace" against flying over the country. "The Russian sky will be de facto closed," he added. The following day, the pre
Central bank demands Sense Bank CEO's dismissal amid corruption probe, ministry disagrees
The same day, the High Anti-Corruption Court set Hr 15 million bail for Sense Bank CEO Oleksiy Stupak but rejected prosecutors’ request to hold him in custody.
Explosions rock Kyiv during 7th straight night of Russian attacks
Kyiv Independent journalists on the ground reported explosions as the Air Force warned that Russian jet-powered drones were targeting the city.
Estonia's Defense Minister resigns after wasting 70 million euros on faulty ammunition for Ukraine
"Even though the minister does not count socks and cartridges and does not hold contract negotiations...I must take political responsibility for the entire defense field today," Estonian Defense Minister Hanno Pevkur said.
Wednesday, September 2
Zelensky dismisses high-ranking SBU official, demands investigation after shootout between Ukraine's security services in Kyiv
A shootout between Ukraine's military intelligence agency (HUR) and State Security Service (SBU) broke out in Kyiv the morning of Sept. 2, injuring three HUR officers and prompting an investigation.
The Kyiv Independent travel series 'Dare to Ukraine' gets its own YouTube channel
The Kyiv Independent's wartime travel series, "Dare to Ukraine," now has a YouTube channel of its own. Both seasons are available on the newly launched “Dare to Ukraine” channel, giving viewers one place to follow the full journey – from the country's biggest cities to a small village in Kyiv Oblast.
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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Mykhailo Fedorov said he is seeking backing from venture capitalists, private investors, and U.S. technology companies for a fund that would invest in Ukrainian defense startups and create new companies focused on battlefield technologies.
