Metinvest

Russia has intensified its attacks on Ukraine while Metinvest, the country's largest steel producer, has suspended operations at key facilities. The halt underscores the mounting pressure on Ukraine's industrial backbone as strikes hit energy and infrastructure targets. Commentators are weighing the economic toll of the war, with the steel industry's shutdown seen as a significant blow to export revenues and regional employment.

Metinvest has suspended operations at its flagship steel plant in Ukraine following Russian strikes on energy infrastructure. The closure of the country's largest steelmaker underlines how renewed attacks on the power grid are hitting heavy industry and the wider economy, coming as air defences across Ukraine scrambled to repel waves of drones and missiles.