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Steel production

Despite hardships, head of Kryvyi Rih steel plant ArcelorMittal determined to keep operations running

Despite hardships, head of Kryvyi Rih steel plant ArcelorMittal determined to keep operations running

by Sonya Bandouil

Mauro Longobardo, CEO of ArcelorMittal Kryvyi Rih, addressed the company's current situation and future plans, noting both progress and significant obstacles. He acknowledged the company's recovery efforts but highlighted the challenges they continue to face in 2024, including falling iron ore prices and stagnation in the European steel market. "For

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Russian ICBM strike would be 'clear escalation,' EU says.

"While we're assessing the full facts, it's obvious that such (an) attack would mark yet another clear escalation from the side of (Russian President Vladimir Putin," EU foreign affairs spokesperson Peter Stano said, according to AFP.
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