About US $600 million worth of steel stock at the Azovstal plant of Ukrainian steelmaker Metinvest was confiscated and returned to Russia. Before the Russo-Ukrainian war, Azovstal was Europe's main steel exporter.
Another Metinvest plant in Ukraine, Zaporizhstal, has been operating at 50% capacity since it started operating in April. In the January-June period, it produced 922,000 tons of steel, down 53.6 percent.
Comments
No comment yet.