Zaporizhstal, Kametstal, and the ArcelorMittal Kryvyi Rih factory have ceased operations after ballistic missiles hit their blast furnaces. Metinvest and ArcelorMittal confirmed the shutdown of these facilities, which removes 90% of Ukraine's steel output. Oleksandr Vodoviz, an executive at Metinvest, stated that the country no longer has a steel industry and that the loss of more than 15,000 jobs will impact tax revenues.

Production shrank from 21 million metric tons pre-war to 7.4 million metric tons in 2025, and August output fell 57% year-on-year. Other economic losses include the destruction of 2.1 million square meters of warehouses and a Black Sea blockade costing 1.5% of GDP. Agriculture exports have declined to 40% of normal volumes, and the steel sector's previous contribution of 7% to GDP has approached zero.