KYIV, Nov 12 - The metallurgy and mining industry is currently going through a difficult period due to a decrease in demand for steel in the world in 2024-2025, market instability, tightening environmental standards, and in Ukraine the situation is complicated by war, said Yuriy Ryzhenkov, CEO of the Metinvest mining and metallurgical group.

Among the challenges for 2024-2025, he highlighted the shortage of electricity, debt repayment, growth of logistics tariffs, the transition to "green" metallurgy and personnel shortage. For each of these issues, the company is looking for optimal solutions, the CEO noted at an online meeting with students and teachers of the Metinvest Polytechnic technical university.