In Russia there is talk of the possibility of halting the operation of several metallurgical enterprises
These predictions come amid a significant reduction in metallurgical production due to extremely low domestic demand, the loss of many external markets due to sanctions, and unfavorable conditions in the remaining external markets.
According to statistics, the production of metallurgical products has been declining since last year, which threatens production shutdowns, plant closures, and mass layoffs. The situation in metallurgy is further worsened by crisis phenomena in other industries in russia, especially in construction, which negatively impacts domestic demand.
The devastating consequences of the war against Ukraine and sanctions continue to grow in russia and are becoming increasingly noticeable to ordinary russians, despite efforts by propaganda to create an optimistic picture on television.