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ArcelorMittal Halts Kryvyi Rih Plant After Russian Strikes, $1B Impairment
Kyiv Post·UA · RU·2 days ago
Russian strikes are degrading Ukraine's two largest steel plants, which account for 70% of national steel production, threatening a key economic asset and export revenue. The Vivaldi operation near Lyman succeeded via precise reconnaissance, not robotics, indicating a tactical shift. The extent of damage and production impact remains unverified, but sustained strikes could significantly weaken Ukraine's industrial base and war economy.
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