<p>Global steel giant ArcelorMittal has stopped production at its Kryvyi Rih facility in Ukraine amid the ongoing conflict between the eastern European country and Russia.</p>.<p>In a statement, ArcelorMittal, which is owned by Indian-origin industrialist Lakshmi N Mittal, said "the decision to idle its steelmaking operations in Kryvyi Rih, Ukraine (has been taken) in order to ensure the safety and security of our people and assets."</p>.<p><strong><a href="https://www.deccanherald.com/international/russia-ukraine-war-news-live-updates-kyiv-kharkiv-iaf-air-india-flights-student-evacuation-vladimir-putin-volodymyr-zelenskyy-attack-shelling-nuclear-war-1087783.html" target="_blank">Follow live updates on Russia-Ukraine crisis here</a></strong></p>.<p>The company has been evaluating the situation on a daily basis and production had previously been reduced with the plant operating at a technical minimum (approximately one-third of its normal production levels), the company said in the statement issued on Thursday.</p>.<p>The steelmaker further said it is deeply concerned about the situation in Ukraine and the threat to its employees and the entire Ukrainian population.</p>.<p>Luxembourg-headquartered ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries. In India, the company runs a steel plant in Hazira, Gujarat in a joint venture with Japan-based Nippon Steel.</p>.<p><strong>Watch the latest DH Videos here:</strong></p>
<p>Global steel giant ArcelorMittal has stopped production at its Kryvyi Rih facility in Ukraine amid the ongoing conflict between the eastern European country and Russia.</p>.<p>In a statement, ArcelorMittal, which is owned by Indian-origin industrialist Lakshmi N Mittal, said "the decision to idle its steelmaking operations in Kryvyi Rih, Ukraine (has been taken) in order to ensure the safety and security of our people and assets."</p>.<p><strong><a href="https://www.deccanherald.com/international/russia-ukraine-war-news-live-updates-kyiv-kharkiv-iaf-air-india-flights-student-evacuation-vladimir-putin-volodymyr-zelenskyy-attack-shelling-nuclear-war-1087783.html" target="_blank">Follow live updates on Russia-Ukraine crisis here</a></strong></p>.<p>The company has been evaluating the situation on a daily basis and production had previously been reduced with the plant operating at a technical minimum (approximately one-third of its normal production levels), the company said in the statement issued on Thursday.</p>.<p>The steelmaker further said it is deeply concerned about the situation in Ukraine and the threat to its employees and the entire Ukrainian population.</p>.<p>Luxembourg-headquartered ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries. In India, the company runs a steel plant in Hazira, Gujarat in a joint venture with Japan-based Nippon Steel.</p>.<p><strong>Watch the latest DH Videos here:</strong></p>