Damaged infrastructure in Ukraine: implications across commodities for winter 2014/2015
The Ukraine crisis took a turn for the worse during the summer months. From July into August, an increase in hostilities in Eastern Ukraine (Donetsk and Luhansk regions) led to major damage to critical pieces of energy and mining infrastructure. This has ramifications for Ukraine’s energy complex in the all-important months leading up to winter. Meanwhile, the violence continues. In this insight we review the impact of the conflict on Ukraine’s coal, steel, iron ore and gas industries.