AMKR increased production of rolled products by 4.3% in H1

In January–June 2020, ArcelorMittal Kryvyi Rih PJSC (AMKR) decreased production of rolled products by 4.3% to 2.2 million tons compared to the same period of the previous year,

according to the press release on the Company’s website.

Steel production fell by 7.7% to 2.4 million tons in H1 y-o-y. Pig iron production dropped by 3.8% to 2.5 million tons.

“In general, production of the main types of products was at the level of 90–95% of the planned indicators. At the beginning of Q2, the level of production fell to 80%, but later we have managed to reach above 90%. At the same time, we performed lots of equipment repair works during the lockdown,” said Mauro Longobardo, CEO at AMKR.

The Company is going to implement a sustainable development strategy for the next five years in a phased manner. According to Mr Longobardo, initiatives relating to economic projects are the Company’s priority.

In 2019, ArcelorMittal Kryvyi Rih increased production of rolled products by 11.2% to 4.7 million tons against 2018. Steel production grew by 11.8% to 5.3 million tons and pig iron production by 14.9% to 5.3 million tons.

ArcelorMittal Kryvyi Rih PJSC is an integrated steelmaking company, a part of the ArcelorMittal Group. Its activity covers the entire production route from iron ore mining and coke production to manufacture of finished metal products. ArcelorMittal Kryvyi Rih produces semi-finished and long products.

  • Companies

Metinvest is transforming its business according to ESG principles to operate in the EU market

The European Union is introducing new non-financial reporting standards that radically change the requirements for…

Thursday June 5, 2025
  • Industry

Ukrainian Railways successfully held 7 auctions for the sale of scrap for UAH 13 million

On June 5, 2025, JSC Ukrainian Railways (UZ) successfully held 7 auctions for the sale…

Thursday June 5, 2025
  • Global Market

EU extends suspension of steel safeguard measures for Ukraine

The EU Council has adopted a resolution to extend the suspension of EU safeguard measures…

Thursday June 5, 2025
  • Global Market

New US duties disrupt EU steel market recovery by 2026 – EUROFER

The new 50% US tariff on steel imports has dealt a powerful blow to the…

Thursday June 5, 2025
  • Global Market

German government approves €46 billion tax break package for companies

On June 4, the German government approved a €46 billion package of tax breaks –…

Thursday June 5, 2025
  • Global Market

Global energy investment to reach record $3.3 trillion this year – IEA

In 2025, global energy investments will reach a record $3.3 trillion, of which more than…

Thursday June 5, 2025