#Metallurgy

Metallurgy's Contribution to Ukraine's GDP Drops by Half: How to Save a Key Industry

Economy 10/06/2026, 16:05

Metallurgy's share of Ukraine's GDP dropped from 12% to 5.5%, and employment fell by 55.8%. Experts urge establishing a recovery fund and war risk insurance.

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Forbes Calculates Ukraine's Economic Losses Due to Metallurgical Shutdown

Economy 10/05/2026, 18:50

Russian attacks have almost halted Ukraine's metallurgy: about 90% of steel production is idle, and economic losses could reach 6.5-7% of GDP.

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Zero Quota or Tariff for All: Business Stance on Scrap Export in 2027

Economy 10/05/2026, 14:22

Big business urged the Cabinet to maintain the zero scrap export quota in 2027 or introduce a 180 euro per ton tariff to protect metallurgy.

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EU Carbon Border Tax Becomes Critical for Ukraine: Government Urged to Postpone CBAM

Economy 10/05/2026, 09:05

Ukrainian businesses have urged the government to secure a postponement of the European CBAM carbon tax due to force majeure circumstances caused by the war.

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Zaporizhstal After Russian Strikes: The Livelihoods of 50,000 People and City's Economy Under Threat

Economy 10/02/2026, 17:13

A massive missile strike on the Zaporizhstal plant has caused casualties and a complete halt in production, threatening 50,000 jobs and the regional economy.

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Macroeconomic Shock and Currency Shortage: Metallurgy Shutdown Threatens Entire Ukrainian Economy

Economy 10/01/2026, 16:38

The shutdown of Ukraine's metallurgy due to the war threatens severe macroeconomic shocks, falling export revenues, and currency deficits, necessitating a special support fund.

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Minus 10% of GDP: Consequences of the Shutdown of Ukraine's Metallurgy

Economy 09/30/2026, 15:42

Ukraine's metallurgy faces a severe crisis due to 2026 missile strikes, losing about 90% of steel production, threatening GDP and budget revenue.

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First — a duty for all countries: EBA urges to maintain zero quota for scrap exports

Economy 09/29/2026, 14:22

The European Business Association has urged authorities not to lift the zero scrap export quota without introducing a uniform duty of 180 euros per tonne for all countries.

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Zero Quota on Scrap as a Foundation for Metallurgical Stability: Ukrmetallurgprom Position

Economy 09/28/2026, 12:59

Ukrmetallurgprom President Alexander Kalenkov stated the need to maintain a zero quota on scrap metal exports until a universal duty is introduced for all supply destinations.

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Economy at Risk: Farmers and Metallurgists Urge Prime Minister to Unblock Ports Urgently

Economy 09/25/2026, 12:44

Ukrainian farmers and metallurgists have demanded that the prime minister urgently unblock ports, warning of production shutdowns, GDP drops, and massive losses.

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Ukrainian metallurgy in its deepest crisis: steel output plunges 57%, three giants shut down, and the economy loses a currency pillar

Economy 09/24/2026, 17:23

Steel output in Ukraine in August 2026 fell by 57.3%; Zaporizhstal and Kametstal were fully shut down after 22 missile strikes. The crisis threatens 6.2 billion dollars in currency earnings and the employment of 270 thousand people.

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Ukraine's Metallurgists' Federation: Scrap Export Should Not Be Opened Until an Effective Duty Is Restored

Economy 09/24/2026, 15:00

Ukraine's Metallurgists' Federation demands to maintain the zero quota on scrap export until an effective export duty is restored, which on September 16 fell from 180 to 10 euros per ton. Scrap collectors, conversely, have already called for opening shipments to the EU.

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Metallurgy on the Brink of Shutdown: Without State Support, the GMK's Goal of 20% of Processing Industry Will Remain a Slogan

Economy 09/23/2026, 16:29

Ukraine's MMC is losing up to 93% of its European exports due to CBAM and EU tariff quotas. Without separate state support for metallurgy, the government's goal of raising the processing industry to 20% of GDP is unattainable.

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"Now is not the time for barriers": author of the CBAM concept called for exempting Ukrainian steel from the carbon levy

Economy 09/23/2026, 16:11

Former WTO Director-General Pascal Lamy called for exempting Ukrainian steel from the CBAM carbon levy, citing the war. Decisions on the mechanism's rules may be made within the next three to six months.

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Ukrainian Metallurgy on the Brink of Survival: Factory Shutdowns, Lost Markets and a Chain Crisis for the Entire Economy

Economy 09/22/2026, 16:07

Ukrainian metallurgy is going through a deep crisis: after the strikes, Zaporizhstal, Kametstal and ArcelorMittal Kryvyi Rih have been shut down, steel production fell by 57.3% in August, and new EU quotas could cut exports by 60%. The industry, which accounts for 40% of the railway's and the ports' workload, has found itself "on the brink of survival".

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Economy 09/21/2026, 16:48

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"We Are Not Thinking About Competition, but About Survival": Metinvest Warns of Risk of Losing the EU Market for 5–10 Years

Economy 09/19/2026, 19:58

Metsinvest's management warned that without a review of EU quotas, Ukrainian metallurgy risks losing access to the European market for 5–10 years amid the destruction of production capacity by Russian strikes.

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“A Road Nowhere”: Business Demands a Halt to the New Wave of UZ Freight Tariff Hikes and Proposes a “Railway Ramstein”

Economy 09/15/2026, 19:37

The president of “Ukrmetallurgprom,” Kalenkov, stated that a repeat increase in UZ freight tariffs would accelerate the shift of cargo onto roads. Business proposes introducing a PSO mechanism for passenger transport.

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