ArcelorMittal Kryvyi Rih
ArcelorMittal Kryvyi Rih is an integrated company, a part of the ArcelorMittal Group. Its activity covers the entire production chain from iron ore mining and coke production to manufacture of finished steel products. ArcelorMittal Kryvyi Rih produces semi-finished and long products. Its main products are square billets (supplied to Turkey and countries of North Africa), rebar and wire rods (1/3 of the products are sold in the domestic market, the rest is exported to Europe, Asia, and Africa).
Open-pit mining — mining and processing (mine administration, crushing plants, mining transport shop, ore beneficiation plants, slime handling shop), 9,800 thousand tons of iron ore concentrate
Sinter shop 1, 4,500 thousand tons
Sinter shop 2, 5,150 thousand tons
Twin hearth furnace No. 6, 1,450 thousand tons
• blooming 1250
• continuous billet mill 900/700/500
• continuous billet mill 730/500
• section rolling shop No. 1: wire mill 150-1, small-section mill • 250-1, small-section mill 250-2, small-section mill 250-3
section rolling shop No. 2: small-section mill 250-4, small-section mill 250-5, wire mill 250-3
• rolling shop No. 3: small-section and wire mill 250/150
Staff and wages
* per worker before taxes
Charts and tables
Production results, thousand tons
Indicative sales structure by products in 2018
Indicative sales structure by markets in 2018
* structure of sales volumes, metric tons
Financial performance, $ million
|Net income margin||-5.4%||-3.2%||3.0%||5.1%||7.6%||13.99%|
ArcelorMittal Kryvyi Rih expects to realize massive investment program. CAPEX will amount $1.8 bln of reinvested own funds and €350 mln of EBRD loan during 2018-2022.
ArcelorMittal Kryvyi Rih made a commitment to cut emissions of harmful substances into the environment to the EU standards till 2025. Amount of environmental investments in 2019 is expected about UAH 500 mln.
ArcelorMittal Kryvyi Rih is going to modernize blast furnace #9 in 2021. Modernization project will aimed on improving environmental performance, increasing the use of pulverized coal, reducing the coke equivalent and, accordingly, the cost of iron. As a result of the project, the capacity of the furnace will increase to 10 ths tonnes of pig iron per day and up to 12 ths tonnes using pellets. Blast furnace #9 is the biggest in Europe and produces about 50% of company`s pig iron production volume.
ArcelorMittal Kryvyi Rih invested UAH 600 million in environmental activities. These include reconstruction of gas-purification facilities, commissioning of new vacuum extraction systems at the beneficiation plant, and repair of power equipment.
In late 2018
ArcelorMittal Kryvyi Rih extended the validity period for special permits for the use of subsoil until 2038. The company got an opportunity to continue mining iron ore in two main quarries: open pit No. 3 (balance reserves within the open pit contour — 322.7 million tons, off-balance reserves — 13.5 million tons) and open pit No. 2-bis (balance reserves within the open pit contour — 168.8 million tons, off-balance reserves — 52.7 million tons).
Two new continuous casting machines (CCMs) were built. The amount of investment totaled $144 million. In 2019, hot tests of the CCMs will begin.
Construction of two new coke-oven batteries, No. 5 and No. 6, was completed. The amount of investment totaled $160 million. Due to this project, the plant now produces enough coke to meet its own needs.
ArcelorMittal Kryvyi Rih has been reconstructing the small-section mill 250-4. The reconstruction works are estimated at $55 million. They are supposed to facilitate improvement of quality and expansion of the product range.
ArcelorMittal Kryvyi Rih has been reconstructing its sinter shop No. 2. The cost of the project is more than $150 million. The project is expected to be completed in 2020. Its purpose is to reduce emissions of dust and gases, increase technical reliability of equipment, capacity of the shop, and to decrease energy costs.
A horizon-1 of 135 meters with a new ore transportation complex was put into operation at Artem mine, owned by ArcelorMittal Kryvyi Rih. The amount of investment totaled $44 million. The project will make it possible to increase the extraction of iron ore by underground mining.