ArcelorMittal statement regarding missile strike on its Ukraine plant

ArcelorMittal (MT) reported that its Ukraine operation, ArcelorMittal Kryvih Rih, suffered a missile strike over the weekend, injuring 13 employees and contractors and causing two fatalities, one employee and one contractor staff member.

Rhea-AI Summary

ArcelorMittal (MT) reported that its Ukraine operation, ArcelorMittal Kryvih Rih, suffered a missile strike over the weekend, injuring 13 employees and contractors and causing two fatalities, one employee and one contractor staff member. The company said all those injured are receiving medical care in city facilities.

At the time of the attack, the plant was operational. The strike damaged main production facilities of the energy and blast furnace units, leading to a partial halt of production processes. Specialists are currently assessing the extent of the damage and the options and timing for restoring operations. ArcelorMittal noted it will provide further updates in due course and highlighted that it generated $61.4 billion of revenue in 2025 with significant global steel and mining operations.

Positive

• None.

Negative

• Missile strike caused 2 fatalities and 13 injuries at Ukraine plant
• Energy and blast furnace main facilities damaged; production partially halted
• No disclosed timeline yet for restoring full operations at Kryvih Rih

Argus Aug 17 session

-0.02% close to close Open Argus

Details

News Market Reaction – MT

On Aug 17, the day this news came out, MT closed 0.02% below the previous close.

Data tracked by StockTitan Argus for the Aug 17 session.

Key Figures

Employees and contractors injured: 13 people Deaths: 2 employees (1 staff member, 1 contractor) Country presence: 60 countries +4 more

Employees and contractors injured

13 people

Missile strike at ArcelorMittal Kryvih Rih

Deaths

2 employees (1 staff member, 1 contractor)

Missile strike at ArcelorMittal Kryvih Rih

Country presence

60 countries

ArcelorMittal global presence

Primary steelmaking countries

14 countries

ArcelorMittal operations

Revenue

$61.4 billion

2025

Crude steel production

55.6 million metric tonnes

2025

Iron ore production

48.8 million tonnes

2025

Historical Context

5 past events · Latest: Aug 03

5 events

1. Aug 03

   Anniversary podcast

   24h Move

   +2.4%

   Podcast anniversary discussion highlighted company history and future strategic themes.

2. Aug 03

   Cloud partnership

   24h Move

   +2.4%

   Microsoft Azure collaboration expanded cloud, data, cybersecurity and AI deployment plans.

3. Jul 31

   Half-year report

   24h Move

   +1.1%

   Published six-month report and reiterated global operations and 2025 production metrics.

4. Jul 30

   2Q 2026 earnings

   24h Move

   +5.5%

   Reported higher quarterly sales and EBITDA, alongside increased net debt and cash outflow.

5. Jul 24

   Analyst consensus

   24h Move

   +1.1%

   Published third-party analyst estimates ahead of second-quarter results.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

blast furnace, crude steel

2 terms

blast furnace technical

"the main production facilities of the energy and blast furnace production were damaged"

A blast furnace is a tall, industrial furnace that smelts iron ore into molten iron by layering ore, coke (a fuel), and limestone and blowing hot air through the stack, functioning like a giant cooking pot that separates metal from rock. For investors, it matters because blast furnaces are central to producing steel, so their capacity, operating costs, and emissions profile directly affect a producer’s output, margins, and regulatory risks.

crude steel technical

"in 2025 generated revenues of $61.4 billion, produced 55.6 million metric tonnes of crude steel"

Crude steel is the raw output from steelmaking — the basic metal produced in furnaces and cast into primary shapes (like slabs or blooms) before it is rolled, coated or turned into finished goods. For investors it is a key barometer of industrial activity and supply: rising crude steel production suggests stronger demand and potential upward pressure on prices, while falling output can signal slowing construction, manufacturing or weaker commodity markets.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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17 August 2026, 11:45 CET

ArcelorMittal can confirm that its Ukraine operation, ArcelorMittal Kryvih Rih, suffered a missile strike over the weekend in which 13 employees of the company and contractors were injured and tragically two employees died: one staff member and one from a contractor organization.

Our focus is on the families and loved ones of our colleagues who suffered from the attack. Those affected by the missile strike are receiving all necessary medical care in the city's medical facilities.

At the time of the attack, the plant was operational. However, as a result of the attack, the main production facilities of the energy and blast furnace production were damaged and the production processes of the plant were partially halted. Currently, relevant specialists are assessing the extent of the damage and the possibilities and timing of restoring operations.

Further updates will be provided in due course.

ENDS

About ArcelorMittal
 
ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 14 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2025 generated revenues of $61.4 billion, produced 55.6 million metric tonnes of crude steel and 48.8 million tonnes of iron ore. Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change.
 
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS). http://corporate.arcelormittal.com/  

ArcelorMittal Investor Relations contact information
General	+44 20 7543 1128
Retail	+44 20 3214 2893
Bonds/Credit	+33 157 955 035

ArcelorMittal Corporate Communications contact information
Paul Weigh
Tel:	+44 20 3214 2419
E-mail	press@arcelormittal.com

Attachment

• ArcelorMittal statement re missile strike on its Ukraine plant 17-08-2026 (SE)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What happened at ArcelorMittal Kryvih Rih in Ukraine on 17 August 2026?

ArcelorMittal reported a missile strike on its Ukraine operation, ArcelorMittal Kryvih Rih, over the weekend. The attack injured 13 employees and contractors and caused two fatalities, one company staff member and one contractor, according to ArcelorMittal.

How were ArcelorMittal (MT) employees affected by the Ukraine missile strike?

According to ArcelorMittal, 13 employees and contractors were injured and two people died, one employee and one contractor staff member. The company said all injured individuals are receiving necessary medical care in the city’s medical facilities after the missile strike.

How did the missile strike impact production at ArcelorMittal Kryvih Rih?

ArcelorMittal stated that the plant was operational at the time of the attack. The missile strike damaged main production facilities of the energy and blast furnace production, leading to a partial halt of the plant’s production processes pending further assessment.

Is ArcelorMittal (NYSE: MT) operations in Ukraine fully shut down after the strike?

No, ArcelorMittal reported that production processes at ArcelorMittal Kryvih Rih were only partially halted. However, the main facilities for energy and blast furnace production were damaged, and specialists are assessing the extent of damage and timing for restoring operations.

What steps is ArcelorMittal taking after the missile strike on Kryvih Rih?

According to ArcelorMittal, specialists are currently assessing damage extent and options to restore operations. The company also emphasized its focus on families and loved ones of affected colleagues and confirmed injured individuals are receiving necessary medical treatment in city medical facilities.

How large is ArcelorMittal’s global business compared with its Ukraine operation?

ArcelorMittal described itself as a leading global integrated steel and mining company with operations in 60 countries. It reported 2025 revenues of $61.4 billion, crude steel production of 55.6 million tonnes and iron ore production of 48.8 million tonnes.

On which stock exchanges is ArcelorMittal (MT) listed for investors?

ArcelorMittal said its shares trade on the stock exchanges of New York, Amsterdam, Paris and Luxembourg under ticker MT, and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia under ticker MTS.