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Last updated : 24/08/2026 - 12h44
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ArcelorMittal: its Ukrainian site hit by strike, two dead and thirteen injured

The ArcelorMittal Kryvih Rih steel production site in Ukraine was struck by a missile strike over the weekend. The group reports two deaths and thirteen injured among its employees and those of subcontractors.

Production facilities have been damaged and part of industrial processes have been interrupted.


ArcelorMittal: its Ukrainian site hit by strike, two dead and thirteen injured

Two deaths and thirteen injured following the strike on the Kryvih Rih site

ArcelorMittal confirmed on August 17, 2026 that its Ukrainian operation, ArcelorMittal Kryvih Rih, had suffered a missile strike over the weekend. Thirteen employees of the group and subcontracting companies were injured and two people died: a member of personnel and an employee of a subcontracting organization.

According to the group, the affected individuals are receiving all necessary medical care in the city's health facilities. The plant was operating at the time of the attack.

Damaged facilities and partial production halt

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Following the attack, the main power generation and blast furnace production facilities were damaged, and production processes at the site were partially halted. The group states it is focusing its attention on the families and relatives of affected employees.

ArcelorMittal Kryvih Rih constitutes the group's Ukrainian operation, one of the world's leading producers of steel and ore, present in 60 countries and operating primary steel facilities in 14 countries.

Damage assessment underway

The group specifies that specialists are currently assessing the extent of the damage as well as the possibilities and timeline for a resumption of operations. ArcelorMittal indicated that further information would be communicated at a later date.



Sector Industrie · Acier / sidérurgie Fer et acier


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Context

Period
  • Period: 1T2026
Key reported figures
  • Revenue: 15457 M€
  • EBITDA: 1679 M€
  • EBITDA margin: 10,9%
  • Net income: 575M$
  • Free cash flow: -1341 M€
  • 9311M$
Guidance from the release
  • Nous restons confiants dans les perspectives d'ArcelorMittal pour le reste de l'année.
  • Résultats du 1er trimestre démontrant une résilience avec des marges améliorées.
Risks mentioned
  • Les taux de change et autres charges financières nettes s'élevaient à 80 M$ au 1T 2026.
  • La dépense d'impôts sur le revenu pour le 1T 2026 était de 136 M$.
  • L'augmentation de la dette nette à 9,3 milliards $ pourrait affecter la perception des investisseurs.
  • Pressions sur le coût des matières premières en raison de l'inflation.
Opportunities identified
  • L'augmentation de la production d'acier brut à 13,3 Mt en 1T 2026.
  • Le programme d'investissement stratégique en cours offre un potentiel de croissance.
  • Le redémarrage des hauts-fourneaux inactifs à Fos et Dabrowa a été préparé.
  • Les investissements dans de nouveaux fours à arc électrique augurent de meilleures performances.

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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