Russia Strikes 'Zaporizhstal' Again with Five Missiles
On the night of August 27, Russian forces attacked the Zaporizhstal metallurgical plant, launching five missiles. This site had already been struck on August 11, resulting in the deaths of seven workers. The plant was forced to halt operations, and the consequences of the strikes could be extremely serious. MP Musa Magomedov noted that Ukraine could be left without metallurgy until spring if the government does not take urgent measures. He also pointed to the blockade of the ports of Greater Odessa, which has led to a halt in production at the Southern Mining and Processing Plant and a potential 30% decrease in output from other Kryvyi Rih plants by the average annual level of 2025. Additionally, freight tariffs of Ukrzaliznytsia have increased by 30%, significantly raising the production costs for metallurgists. Magomedov also mentioned new European quotas that could reduce Ukrainian steel exports to the EU by 60% by 2025, resulting in a loss of about $1 billion in exports and over 17 billion hryvnias in budget revenues. He emphasized that the industry needs concrete solutions to avoid further losses.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Zaporizhzhia Nuclear Power Plant May Shut Down in Ten Days, Warns IAEA
Deripaska Halts Four Rusal Plants Due to $800 Million Losses

Russia Attacks Naftogaz's Kherson Thermal Power Plant, All Equipment Destroyed

Floods in Nepal Damage Nine Hydropower Plants, Country May Import Electricity from India
Anthropic Signs $45 Billion Agreement with Nscale for AI Data Centers

ADATA Technology Plans Electronic Components Plant in Paraguay

Drones Attack Wildberries Warehouse and Nizhny Novgorod Oil Refinery

Andrew Kang's Shareholder Letter: Robotics Investment Reaches a Turning Point, Private Valuations Still Severely Lagging

Condensate Oil Refinery to Export Up to 70% of Fuel to Russia

Analysis of Mining Machine Asset Depreciation and Tax Cost Recovery

Trump Says U.S. Urgently Needs Canadian Aluminum, Plans to Build Aluminum Plant to Address Trade Dispute

Hanwha Establishes Hanwha Horizon USA and Integrates LNG Business in the U.S.

Maximum Power Demand Reassessed at 158.4 Gigawatts for 2040

Hanwha Ocean Expands AI Welding Application to 67% and Targets U.S. Naval Market

$40 Trillion U.S. Debt Alarm Sounds, BlackRock Unexpectedly Bullish on Bitcoin and Gold

Russia opens regulated crypto trading as new law takes effect

What is liquidation? The trading minute

Crypto: The Clarity Act has only a 13% chance of being adopted

Digital Day: What Professions Are Lacking in the Crypto Market and Where to Acquire Them

SEC to Accept Public Comments on Crypto Asset Regulation Until October 20

CME launches crypto indexes tracking XRP, SOL, HYPE and other altcoins

KuCoin Ventures Weekly Report: Waller Strengthens Rate Hike Expectations, ETF Funds Significantly Flow Back, RWA Narrative and Attention Assets Reshape the Crypto Market

Coincheck G Partners with French DFNS to Explore Custody Solutions for Institutional Investors

Monthly Column Report | Foresight News Outstanding Content Creators List for August 2026

Singapore proposes new stablecoin rules covering foreign issuers and interest

SEC and FDA sign 3-year market integrity pact

Rising Yield on Japan's 2-Year Bonds; Does Yen Carry Trade Threaten Bitcoin Again?

Hyperliquid in Talks with Kraken's Parent Company Payward for U.S. Expansion

Why Was the Messi Retirement Token Issued Without Liquidity?







