ArcelorMittal to close its second unit in Ukraine amid Russian attacks on power sector
ArcelorMittalArcelorMittal(US:MT) Reuters·2026-02-27 15:07

Group 1 - ArcelorMittal Kryvyi Rih is closing another division in Ukraine due to a worsening energy crisis linked to ongoing Russian attacks on the Ukrainian energy infrastructure [1] - The closure reflects the significant impact of the energy crisis on the steel production capabilities in Ukraine [1] - This decision is part of a broader trend affecting the steel industry in Ukraine, which is struggling to maintain operations amid the conflict [1]

ArcelorMittal to close its second unit in Ukraine amid Russian attacks on power sector - Reportify