Turkey's Erdogan tells Ukraine's Zelenskiy that Black Sea attacks are inexplicable
ANKARA, Sept 24 (Reuters) - Turkish President Tayyip Erdogan told Ukrainian counterpart Volodymyr Zelenskiy that attacks by Russia and Ukraine on commercial vessels in the Black Sea were inexplicable and steps must be taken to stop these, according to a readout from his office on Thursday. NATO member Turkey, which has maintained cordial ties with both Moscow and Kyiv since Russia's full-scale…
Ukraine's steel industry is facing a catastrophic situation due to airstrikes, with five furnaces destroyed at Metinvest group plants and two at ArcelorMittal Kryvyi Rih. Oleksandr Vodoviz, head of Metinvest's CEO office, stated at the Forbes Ukraine Forum that absolutely every plant has been hit. The Petrovskyi plant, Dnipro Metallurgical Plant (DMZ), and Interpipe have also been struck multiple times.
During September, Ukraine did not smelt a single ton of steel for the first time in 100 years, and Metinvest's plants remain shut down. Restarting a furnace can cost around $50 million and repairing it is an enormous expense. Metinvest has not calculated the scale of investment needed for recovery, but it's estimated in billions of dollars.
The company has sought help from various ministries, but the offered assistance was minimal - 2 million to 5 million hryvnias. Metinvest is not planning to invest in restoration at the moment, as they don't understand how the situation will unfold.
Written by urgent.news from New Voice of Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Ukraine's steel industry facing catastrophe – Metinvest english.nv.ua
- Zelenskyy tells Dutch PM Ukraine ready to stop striking Russian energy, export sectors on condition of reciprocity en.interfax.com.ua
- Russo-Ukrainian war, day 1673: Ukraine’s two steel plants, which produce 70% of country’s steel, are buckling under Russian strikes euromaidanpress.com
