How \u201cinnefective\u201d sanctions undermine the metallurgical industry in russia<\/p>\n
russian metallurgical plants are drastically cutting production. Due to sanctions, they\u2019ve lost foreign markets, leaving them with no one to export their products to.<\/p>\n
Even official statistics, which russia often \u201cembellishes,\u201d show significant drops: rolled steel production is down by 18.2% compared to last year, iron production by 9.4%, steel pipe production by 9.5%, and carbon steel production by 15.8%.<\/p>\n
\u25ab\ufe0f Sanctions have particularly affected the Pipe Metallurgical Company, russia\u2019s largest steel pipe producer, where exports from several facilities have fallen by 50-60%.<\/p>\n
Metallurgy is one of russia\u2019s strategic industries and a key source of export revenue. The repercussions of this industry crisis will soon reach ordinary russians, as production cuts often lead to mass layoffs of factory workers.<\/p>\n
\u25ab\ufe0f The CCD has also reported on a mining industry crisis in russia, with companies facing severe losses, leading to the closure of numerous mines.<\/p>\n","protected":false},"excerpt":{"rendered":"
How \u201cinnefective\u201d sanctions undermine the metallurgical industry in russia russian metallurgical plants are drastically cutting production. Due to sanctions, they\u2019ve lost foreign markets, leaving them with no one to export their products to. Even official statistics, which russia often \u201cembellishes,\u201d show significant drops: rolled steel production is down by 18.2% compared to last year, iron…<\/p>\n","protected":false},"author":3,"featured_media":22553,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_post_transparent":"default","_kad_post_title":"default","_kad_post_layout":"default","_kad_post_sidebar_id":"","_kad_post_content_style":"default","_kad_post_vertical_padding":"default","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","wds_primary_category":538,"footnotes":""},"categories":[538],"tags":[],"class_list":["post-22552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results"],"acf":[],"_links":{"self":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts\/22552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/comments?post=22552"}],"version-history":[{"count":0,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts\/22552\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/media\/22553"}],"wp:attachment":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/media?parent=22552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/categories?post=22552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/tags?post=22552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}