ArcelorMittal Ukraine: Mill Closures Due to Energy Crisis & EU CBAM
KYIV, Ukraine – ArcelorMittal Kryvyi Rih, a major steel producer in Ukraine, announced Monday it will close two rolling mills, citing the ongoing energy crisis exacerbated by Russian strikes and the financial impact of the European Union’s Carbon Border Adjustment Mechanism (CBAM). The closures add to previously announced shutdowns at the company’s Ukrainian facilities. The … Read more