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Russian Missile Campaign Decimates Ukraine's Industrial Backbone

Moscow's systematic destruction of steel plants cripples the Ukrainian economy and threatens the nation's ability to sustain its war effort.

Foreign PolicyPublished September 29, 2026 at 11:33 PM
A man in a silver cloak stands near a blazing furnace holding a metal prod

The Russian military has effectively dismantled Ukraine's steel industry through a calculated campaign of missile strikes, targeting the very heart of the nation's economic output. Facilities like the Zaporizhstal plant, once a massive engine for employment and GDP, have been reduced to rubble after repeated waves of attacks.

According to Metinvest, the owner of Zaporizhstal, 17 missiles struck the site, resulting in the deaths of eight workers and leaving 31 wounded. The destruction is widespread, with blast furnaces ruined and roofs shattered, forcing the indefinite closure of plants that previously supported hundreds of thousands of jobs.

Before the full-scale invasion, the mining and metallurgy sector accounted for roughly 10% of Ukraine's GDP and a third of its exports. Now, that contribution has plummeted to near zero.

The impact extends far beyond the factory gates; these companies provided 30% to 70% of the tax revenue required to fund local infrastructure, schools, and social services in their host cities. Russia has justified these strikes by alleging that the plants were being utilized for the production of military hardware.

Beyond the immediate economic fallout, the loss of these facilities severely hampers Ukraine's domestic capacity to produce military equipment and repair infrastructure damaged by the ongoing conflict.

With logistics crippled by attacks on railways and ports, the path to recovery remains uncertain, leaving the nation facing a potential humanitarian crisis as jobs vanish and the industrial base continues to erode.

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foreign-policyukrainerussiawareconomy

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