Russia's Advance Threatens to Cripple Ukraine's Steel Industry

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 11 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 68%

Russia-Ukraine War Nouvelles

Ukrainian Coal Mine,Steel Industry,Metinvest

Russia's impending capture of a crucial Ukrainian coal mine could cripple the nation's steel industry and accelerate Western acceptance of a negotiated end to the war.

In what promises to be a major milestone in more than two-and-a-half years of war, Russia is closing in on the capture of a vital industrial asset a Ukrainian coal mine that's a cornerstone of the country's steel industry. Owned by Ukrainian firm Metinvest, the modern facility -- opened in 1990 -- is Ukraine's largest mine for producing coking-coal, a specific grade used to fuel blast furnaces.

At that time, Ukraine ranked 14th in global steel production; by last year, it had fallen to 24th place. This year, Metinvest expected to unearth 5.3 million metric tons of coal in the mine near Pokrovsk.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 34. in BE

Belgique Dernières Nouvelles, Belgique Actualités