# Ukraine’s metals industry on verge of systemic shutdown — agency

https://mins.news/en/item/32205

- TASS, 2026-08-25 19:24 UTC
- Economy
- Original: https://tass.com/economy/2177647

> Ukraine’s metals industry has fallen into a deep crisis, RBC-Ukraine reported. Explosions put Zaporozhstal and ArcelorMittal Krivoy Rog out of action in August; together they accounted for about 72% of the country’s steel output in 2025. A prolonged halt could cut exports and foreign-currency earnings, raise construction costs and put pressure on the hryvnia, with production potentially down by about 2 million tons by the end of 2026.

## Related coverage

- [Ukraine cuts growth forecast as Russia continues bombing businesses](https://mins.news/en/item/34847) — The Kyiv Independent, 2026-08-27
