ArcelorMittal's Ukrainian division suffered 'significant' losses in 2022

Kryvyi Rih Mining and Metallurgical Plant of PJSC ArcelorMittal Kryvyi Rih ended 2022 with a significant net loss due to the war and the operation of the enterprise at 25% of its capacity, however, it received financial assistance from ArcelorMittal Corporation in the amount of $600 million.