Russian Missile Campaign Leaves Ukraine's Steel Industry in Ruins, Halting Production and Erasing Economic Contribution
Russia's relentless missile attacks have brought Ukraine's vital steel industry to a near standstill, with its contribution to the country's GDP now estimated to be close to zero. Major steelworks like Zaporizhstal suffered four waves of attacks in August and September, leading to its indefinite shutdown with equipment almost completely destroyed. Arcelor Mittal Kryvyi Rih, Ukraine's largest steelworks, announced on September 25 that it was unable to reopen after repeated assaults. The industry, which once accounted for 10% of Ukraine's GDP and a third of its exports, has been a key target for Russia, aiming to cripple the nation's economy and its ability to fund itself.
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