ArcelorMittal Q3 Reported Net Loss $391M Includes $852M Impairment & $293M Exceptional Charges On Idling Of Kryvyi Rih, Ukraine
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Why It Matters
ArcelorMittal lost money in the quarter because of its Ukraine plant shutdown. When a big factory closes, companies write down what it's worth, which hurt the results.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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