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Worker at a metallurgical plant in Ukraine, where production halt and losses of $200 million per month are threatened due to port closures

Catastrophe in Metallurgy: Port Closures Threaten Ukraine with $200 Million Monthly Losses and Plant Shutdowns

Economy 08/07/2026, 14:40
🚨 Ukrainian metallurgy on the brink of collapse. Port closures have already led to the shutdown of Ferrexpo and Metinvest plants. 💰 Industry losses could reach $200 million per month. 📉 Production could drop by 35%. 🚛 Land export is unprofitable; warehouses are overflowing. Business warns: the situation is worse than in 2022. #Ukraine #Metallurgy #Economy #Ports
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