The Coking Coal Crisis: Ukraine's Steel Industry Under Siege

Russian forces are advancing on Pokrovsk in eastern Ukraine, threatening a crucial coking coal mine, key for the country's steel production. The loss of the mine could drastically reduce steel output and harm Ukraine's economy. Imports may not cover the deficit due to logistical and cost challenges.

As Russian forces continue their advance towards Pokrovsk in eastern Ukraine, they threaten a critical coking coal mine essential to the nation's steel industry.

With Russian troops moving within 12 km of Pokrovsk, Ukraine faces severe pressure, risking the loss of key road and rail connections. The mine, just 10 km west of Pokrovsk's center, provides vital coal for steelmaking, a significant revenue source for Ukraine.

Ukraine's steel exports, worth nearly $2 billion this year, are jeopardized, prompting concerns from industry leaders. Alternative coal imports face challenges, making the future uncertain for steelmakers already grappling with high production costs.

(With inputs from agencies.)