Weekly Recap: $1B non—cash Kryvyi Rih impairment and $700M+ preservation

ArcelorMittal SA ADR (EURONEXT:MT) said it will take a roughly $1bn non—cash impairment on its Kryvyi Rih plant while having injected over $700m there since the war to preserve the site and discuss restart timing, news that lifted MT in premarket trade as analysts stayed positive.Previous Week Reca…