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Jonathan MS Pearce from ATP Geopolitics examines the catastrophic news hitting the heart of the Russian economy. New financial reports show that Severstal, Russia’s largest steel producer, has seen earnings plummet by 42 percent year-over-year. With the overall metals industry down 50 percent since 2021, industry leadership has issued a dire warning that the worst is yet to come in 2026. In this video, we analyze how this industrial decay impacts the Russian war effort in Ukraine, the effectiveness of international sanctions, and whether the Kremlin can prevent a total economic meltdown. We look at the data provided by CEO Shevelev and discuss the long-term geopolitical implications of a failing Russian manufacturing base. Stay tuned for an in-depth look at the numbers behind the collapse and what this means for the future of the conflict. SUBSCRIBE to ATP Geopolitics for daily updates on the Ukraine War, Military Aid, Geopolitics, US Politics, and more! PLEASE ❤️ LIKE 💬 COMMENT 📣 SHARE 🔔 SUBSCRIBE ▶️ WATCH TO THE END ╰┈➤ / @atpgeo (Don't forget to click 🔔 and "all" to be notified about new videos!) 🫶 ATPGEO CHANNEL UKRAINE FUNDRAISER Thank you to those who have donated to our fundraisers ╰➤ 🇺🇦 OUR LATEST CAMPAIGN https://atpgeo.com/donate 📚 BOOKS ╰➤ 📗Johnny Pearce Books https://amzn.to/3vv5ZSF ╰➤ 📙Survival of the Fittest Books https://amzn.to/3TXjp3z ╰➤ 📘Jonathan MS Pearce Books https://amzn.to/3IbX3sZ 🎁 SUPPORT THE CHANNEL ╰➤ 💳 Donate with Ko-Fi https://ko-fi.com/atpgeo ╰➤ ☕ Buy Me A Coffee (or Tea!) https://buymeacoffee.com/gkxsyfq ╰➤ 💳 PayPal Donate https://paypal.me/johnnyp76 ╰➤ 🤝 Become a Channel Member / @atpgeo ╰➤ 🛍️ Buy Channel Merch https://atpgeo.com/merch ╰➤ 🇺🇦 UASupporter Merch https://uasupporter.com/atp 🔗 USEFUL LINKS ╰➤ 🪦 Hits & Losses - Caveats https://atpgeo.com/caveats-hits-and-l... ╰➤ 🗺️ JMSP's Front Line Map https://atpgeo.com/map ╰➤ 📅 Bill's Stats Dashboard https://www.ukrainewarstatistics.com/ ╰➤ 📊 Dell's Stats https://atpgeo.com/del ╰➤ 🤖 ATPGeo Website & AI summaries https://atpgeo.com 💬 SOCIALS ╰➤ / atpgeopolitics ╰➤ / atpgeo ╰➤ / discord ╰➤ / atpgeo ╰➤ Blue Sky: https://bsky.app/profile/atpgeo.com ╰➤ Threads: https://threads.com/atpgeo ╰➤ Telegram: https://t.me/atpgeo 💬 JP SOCIALS ╰➤ 🦋 BlueSky https://atpgeo.bsky.social ╰➤ 🐦 Twitter https://x.com/ATipplingPhilo 🔍 SOURCES https://x.com/evgen1232007/status/202... https://bsky.app/profile/maks23.bsky.... https://x.com/JayinKyiv/status/202223... https://bsky.app/profile/prune602.bsk... #UkraineWar #RussiaEconomy #Geopolitics #Severstal #ATPGeopolitics