# Ukraine to lose much of its foreign currency revenue without steel industry, expert says

https://mins.news/en/item/67675

- TASS, 2026-09-21 16:41 UTC
- Economy
- Original: https://tass.com/world/2190755

> Former Ukrainian security service officer Vasily Prozorov said Western media claims that Ukraine’s steel industry has completely collapsed may be exaggerated. However, he said the sector’s damage is likely to severely hit state foreign-currency and tax revenues, as rolled metal exports had been a major source of foreign exchange.

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