Russian missiles struck ArcelorMittal’s steel plant in Kryvyi Rih, Ukraine, overnight. The attack killed two people.
Damage to power generation and blast furnace sectors forced a partial production halt. The facility maintains an annual capacity of over 6 million metric tons of steel.
Approximately 85% of the plant's output is typically destined for export. This disruption introduces uncertainty for global commodity markets and steel-related equities.