ArcelorMittal's (MT) Kryvyi Rih plant in Ukraine was hit by a missile strike over the weekend, killing two employees and injuring 13 others, the steelmaker said Monday.
The strike damaged the plant's main energy and blast furnace production facilities, partially halting production, the company said.
Specialists are assessing the damage and determining the timing and feasibility of restoring operations, ArcelorMittal said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.