Metallurgy

The Federation of Metallurgists of Ukraine stated that the blockade of seaports and the increase in railway tariffs threaten to stop the industry’s enterprises.

The changes will actually give Ukrzaliznytsia the right to “manually” determine tariff distances during martial law.

Enterprises report a drop in production, losses and mass layoffs.

The agricultural sector, metallurgy, and the defense industry will become the main drivers of Ukraine’s exports in the near future.

EU countries want to tighten sanctions on metal exports from Russia. This would help reduce the income that the Kremlin uses to finance the war in Ukraine.