Economic TimesLean R·
Russian strikes shut ArcelorMittal plant
Steelmaker ArcelorMittal said on Friday it expected to book a non-cash impairment charge of around $1 billion after telling the Ukrainian government it could not restart operations at its ArcelorMittal Kryvyi Rih subsidiary in a safe and sustainable manner following repeated missile strikes.Russian strikes on the Kryvyi Rih plant in August and September damaged production facilities, with four attacks over the past five weeks killing five and injuring 17, one of whom remains in a critical condi…
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