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Employee shows processed iron ore at a plant in Kryvyi Rih, Ukraine, on April 14, 2026.
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Ukraine's steel industry is nearing collapse — and calling for help from abroad

by Dominic Culverwell

Ukraine’s largest steel company, ArcelorMittal Kryvyi Rih, said on Sept. 25 that it cannot restart steel production amid a surge in Russian strikes on factories, as the embattled sector calls for more domestic and international support to prevent its total collapse. Since the summer, Moscow has launched a widespread campaign of attacks on Ukraine’s economy to shut down key industrial centers. The metallurgy sector, which contributed 7% of Ukraine’s  gross domestic product (GDP) last year and em

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Ukraine war latest: Russian attacks on Kyiv kill 7, including 14-year-old boy

Key developments on Sept. 25: * Russian attacks on Kyiv kill 7, including 14-year-old boy, injure 57 as drone strikes continue into daytime * Trump made 'final decision' on granting Ukraine Patriot licenses, Zelensky says * Ukraine strikes Russian oil refineries, missile production facilities, General Staff confirms * Macron cites 'several signs' Russia preparing to mobilize 300,000 people At least seven people, including two children, were killed and 57 others injured in Russian attacks o

Why Russia needs a new round of mobilization

The Kyiv Independent’s Tania Myronyshena examines why Russia’s manpower advantage is under pressure, what a new mobilization campaign could look like, whether Russians could resist it, and how hundreds of thousands of additional troops could affect the war.

'No longer hybrid' — As Russian sabotage grows bolder, Europe lacks red lines

Moscow's shadow war on Europe grows bolder by the day, and no one can say how far the Kremlin is ready to go. Russia is no longer only meddling in elections or hacking networks: Germany found explosives-laden drones at its Leipzig Airport in an apparent Moscow-backed sabotage plot. Russian drone incursions in NATO airspace are now common. And a Russian warship shot flares at a Danish military helicopter. The rhetoric in Western capitals has hardened, with some saying this campaign is "no longe

British soldiers set up a mortar position near Warminster, England, on March 30, 2026.

About Business

The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

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