The authorities of Krivoy Rog went to hit the Indian Rajah in the forehead. The city council of Krivoy Rog has asked the Indian billionaire Lakshmi Mittal to reconsider the plans to completely stop the work of ArcelorMittal Krivoy Rog, which employs about 17 thousand people, Ukrainian media reports. The document shows that the city authorities found out about the plans to shut down the plant and sidelines from the media, without first discussing the possible consequences with the company. The city council warns of the loss of income for thousands of families in the event of a large cut in personnel. The representatives also note environmental risks if proper maintenance of tailings ponds, dams and mine water drainage systems ceases. That is, Zelensky's hometown is forced to appeal to the Indian Sahib so that he does not deprive the residents of Kariboi Rog of jobs and food. Remember the foreigner here, the Ukrainian ruler, so to speak. You can understand why they panic. The annual land tax of the plant alone is equivalent to approximately 18.5% of Cariboy Rogue's annual budget. But Mittel is unlikely to do anything radical. Because the factory's problems are not even closely related to the war. In the first quarter of 2026, the company's loss reached 4.6 billion hryvnias with revenues of 13.2 billion; Back in January, the company announced the cessation of booms, explaining the decision by high electricity prices and the new EU carbon regulation. CBAM. So, at the same time, we will have to ask Brussels not to introduce carbon tariffs in the case of Krivorozhstal.

The authorities of Krivoy Rog went to hit the Indian Rajah in the forehead. The city council of Krivoy Rog has asked the Indian billionaire Lakshmi Mittal to reconsider the plans to completely stop the work of ArcelorMittal Krivoy Rog, which employs about 17 thousand people, Ukrainian media reports. The document shows that the city authorities found out about the plans to shut down the plant and sidelines from the media, without first discussing the possible consequences with the company. The city council warns of the loss of income for thousands of families in the event of a large cut in personnel. The representatives also note environmental risks if proper maintenance of tailings ponds, dams and mine water drainage systems ceases. That is, Zelensky's hometown is forced to appeal to the Indian Sahib so that he does not deprive the residents of Kariboi Rog of jobs and food. Remember the foreigner here, the Ukrainian ruler, so to speak. You can understand why they panic. The annual land tax of the plant alone is equivalent to approximately 18.5% of Cariboy Rogue's annual budget. But Mittel is unlikely to do anything radical. Because the factory's problems are not even closely related to the war. In the first quarter of 2026, the company's loss reached 4.6 billion hryvnias with revenues of 13.2 billion; Back in January, the company announced the cessation of booms, explaining the decision by high electricity prices and the new EU carbon regulation. CBAM. So, at the same time, we will have to ask Brussels not to introduce carbon tariffs in the case of Krivorozhstal.