Trains can replace ships to minimize the impact of a Russian blockade of the Kerch Strait

Trains can replace ships to minimize the impact of a Russian blockade of the Kerch Strait, Dmitry Sologub, deputy head of the National Bank of Ukraine, tells reporters Monday. He said the monthly “influence” is “on the scale of tens of millions of dollars.” By some estimates, 20% percent of Ukraine’s steel exports pass through the ports of Mariupol and Berdyansk. Steelmaker Metinvest tells Interfax-Ukraine that two ships carrying its steel passed through the Kerch early last week. Referring to rail, the spokesman said: “In case of delays during the passage of the Strait, the group has the opportunity to redirect logistic flows to the Black Sea ports.”