Russian troops have flooded a lot of mines in Lugansk region, so it is impossible to restore the industry in the previous volume, Lugansk region military administration head Sergey Gayday has said. “The occupiers have flooded the mines and sent men to war. Many have already been killed. Many have been maimed. We will not…
Metinvest will resume investing in new Ukrainian assets only after the war. “Ukraine has to win decisively for the investments to be resumed,” the group CEO Yuri Ryzhenkov has said. During the war, the group is revising its strategy, but the goal remains unchanged – to become one of the key players on the European…
In August, Zaporizhstal produced 74.7 thousand tons of rolled metal, down by 73.4% YoY. Pig iron manufacture dropped by 63.6%, to 145.6 thousand tons, and steel – by 72.2%, to 94.4 thousand tons. In January-August, Zaporizhstal output decreased by 55.2% YoY, to 3.51 million tons. In particular, the company produced 1.42 million tons of pig…