Ukraine is looking to raise initial funding of up to $40 billion to rebuild one of its most important industries – iron and steelmaking – including by reducing dependence on coal and launching a green steel industry after the war. The Russian invasion has decimated iron and steel production in Ukraine, which still remains the second-largest pillar of the economy after agriculture.
Most of Ukraine's steel-producing plants are located in the eastern part of the country as they have traditionally relied on the coal mined in…Ukraine Looks To Raise $40 Billion To Launch A Green Steel Industry
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