(с) АрселорМиттал
ArcelorMittal Kryvyi Rih resumed operations at the small section unit DS-250-5 for the rebar production after a long downtime. Interfax-Ukraine reported about it with the reference to company information.
On July 7, the heating of the furnace began, and on July 11, the first product the first batch of rebar has been made at the mill.
The first product after the restart was rebar with a section diameter of 16 mm.
“After 16 mm, we will roll several more types of rebar of different diameters, including shaft rebar, as well as different types of round steel. The batches are small, there is a need to do shipments often. We hope that this is just the beginning,” said the Deputy Head of SPC-2 for Production Olexander Makarenko.
Since July 2022, ArcelorMittal Kryvyi Rih has swiched most of its employees, including top management and foreign employees, to 2/3 workload schedules due to the inability to pay full salaries
Before, ArcelorMittal completed the reconstruction of the slag yard №1 of the converter shop. As a result, the workshop actually received a new slag yard with new equipment and a comfortable change house.
Also enterprise in mid-June restarted oxygen converter №5, which was stopped for 3 months since the beginning of March due to hostilities. The first smelting was conducted on June 6, and an hour later the plant received more than 142 tons of liquid steel.
In the first quarter of 2022, ArcelorMittal reduced output of general rolled products by 25% compared to January-March 2021, to 860 thousand tons. Steel production over three months decreased by 22.5%, to 930 thousand tons, and pig iron – by 27%, to 1 million tons.
The price of CBAM allowances in the second quarter of this year is likely to…
The Chinese steel market is experiencing a prolonged slowdown in demand rather than a sharp…
The Japanese Government has announced plans to impose anti-dumping duties on imports of nickel-containing cold-rolled…
Global steel production in May 2026 fell by 0.3% year-on-year to 157.9 million tonnes. This…
US steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil…
The European Bank for Reconstruction and Development is providing a loan of up to $25…