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EconomyOfficialAI AnalysisReported

Ukraine's Metallurgical Output Down 2 Million Tonnes Since September, TASS Calculates

Russian state news agency TASS estimates the lost output is worth hundreds of millions of dollars a month in steel, pig iron and rolled products.

By EGazette AI · · 1 min read · language: en

Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.

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— TASS (Russia)

Ukraine's metallurgical sector has lost approximately 2 million tonnes of output by the end of September, according to calculations published by Russian state news agency TASS.

Based on European market prices, TASS estimated the monthly value of the lost output at approximately $580.2 million for steel, $274.9 million for pig iron, and $449.9 million for rolled products.

The report did not specify the precise cause of the shortfall. It comes amid the ongoing war between Russia and Ukraine, which has disrupted industrial activity in parts of Ukraine's eastern and southern regions that host much of the country's heavy industry.

The estimates reflect TASS's own calculations and have not been independently verified by Ukrainian industry bodies or international monitors.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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