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).
Production capacity
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
• 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 2020*
Indicative sales structure by markets in 2020*
* structure of sales volumes, metric tons
Financial performance, $ million
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 3531 | 3087 | 2122 | 2069 | 2488 | 2499 | 2415 | 2356 |
| EBITDA | 242 | 511 | 341 | 362 | 464 | 655 | 177 | 364 |
| EBITDA margin | 6.9% | 16.5% | 16.0% | 17.5% | 18.7% | 26.20% | 7.3% | 15,5% |
| Net income | -190 | -99 | 64 | 106 | 190 | 350 | -88 | 32 |
| Net income margin | -5.4% | -3.2% | 3.0% | 5.1% | 7.6% | 13.99% | -3.6% | 1,3% |
| CAPEX | 145 | 231 | 181 | 184 | 235 | 337 | 272 | 208 |
Key facts
2021
ArcelorMittal Kryvyi Rih plans to reconstruct the buildings of the slag department of the converter shop.
ArcelorMittal Kryvyi Rih” has allocated more than $ 180 million for the eco-modernization of sinter shop No. 2.
2020
2018-2022
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.
2020
AMKR may attract $81 million in a loan from the EBRD for the construction of an air separation unit. The total investment will be $100 million.
AMKR is going to invest $1.5 billion in development until 2025, including $700 million for environmental projects. It is planned to build a new pelletizing plant, modernize the blast furnace No. 9 and the sinter plant No. 2.
AMKR reoriented its shipment of iron ore concentrate from Europe to China. The company plans to ship up to 300 thousand tons of iron ore concentrate per month.
AMKR invested over $180 million in a project to modernize equipment of the sinter shop No. 2.
2019
In 2019, AMKR cut costs by $120 million due to the introduction of the World Class Manufacturing production management system.
AMKR invested some $22 million in environmental projects in 2019.
In the fall of 2019, AMKR began hot tests of the reconstructed small-section mill No. 250-4. The commissioning and certification of the mill will continue in January–February 2020. Production of rod rebar for sale will be launched at the end of Q1 2020.
In 2020
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.
2019
In 2018
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).
In 2018
Two new continuous casting machines (CCMs) were built. The amount of investment totaled $144 million. In 2019, hot tests of the CCMs will begin.
In 2018
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.
In 2018–2019
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.
Since 2017
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.
In 2018
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.
22 April 2024
19 April 2024
16 April 2024
16 April 2024
15 April 2024
15 April 2024
12 April 2024
11 April 2024
10 April 2024
09 April 2024