Metinvest

Metinvest has suspended operations at its flagship steel plant in Ukraine following Russian strikes on energy infrastructure. The closure of the country's largest steelmaker underlines how renewed attacks on the power grid are hitting heavy industry and the wider economy, coming as air defences across Ukraine scrambled to repel waves of drones and missiles.

Russia has intensified its strikes on Ukraine, and Metinvest, the country's largest steel producer, has halted operations at its plants following damage to energy infrastructure. The escalation targets power facilities ahead of winter, forcing major industry offline and deepening concerns about Ukraine's economy and civilian conditions.