‘If nothing is done, it's almost inevitable’: Ukraine’s Yuriy Ryzhenkov on why steelmaking is on the brink of collapse as Russian bombing intensifies

‘If nothing is done, it's almost inevitable’: Ukraine’s Yuriy Ryzhenkov on why steelmaking is on the brink of collapse as Russian bombing intensifies — Live Feedhttps://www.live-feeds.com/feed/if-nothing-is-done-it-s-almost-inevitable-ukraine-s-yuriy-ryzhenkov-on-why-steelmaking-is-on-the-brink-of-collapse-as-ruContinuously updated, source-cited coverage. Ukraine Steelmaking Nears Collapse Under Russian Bombinghttps://www.live-feeds.com/feed/if-nothing-is-done-it-s-almost-inevitable-ukraine-s-yuriy-ryzhenkov-on-why-steelmaking-is-on-the-brink-of-collapse-as-ruhttps://www.live-feeds.com/feed/if-nothing-is-done-it-s-almost-inevitable-ukraine-s-yuriy-ryzhenkov-on-why-steelmaking-is-on-the-brink-of-collapse-as-ru#u123553Thu, 15 Oct 2026 10:35:32 +0000Ukraine's steel industry faces imminent collapse as intense Russian bombing drives major producers toward facility shutdowns. ArcelorMittal Kryvyi Rih is preparing its primary plant for mothballing, highlighting the severe operational pressure on domestic metal production. Meanwhile, European actors evaluate mounting financial and strategic costs tied to the ongoing conflict. Domestic steel consumption dropped 13.79 percent between January and September 2026, compounding the crisis. Without immediate intervention, industry leaders warn that complete sector failure remains nearly certain.W