Ukraine's Steel Industry Destroyed by Russian Strikes
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Insights by Echo AI
Ukraine has lost its steel industry due to Russian strikes, according to multiple sources including the Financial Times. Three major steel plants in Zaporizhzhia and Dnipropetrovsk regions, accounting for 90% of steel production, have been knocked out of operation. This could have serious consequences for the country's economy, as metal exports brought in around $6.4 billion annually.
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