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ArcelorMittal - Latest news GMK Center

Photo – ArcelorMittal decided to stop steel production in Kryvyi Rih
ArcelorMittal decided to stop steel production in Kryvyi Rih

Company started the process of shutting down all blast furnaces

Photo – ArcelorMittal increased pig iron production by 8% in 2021
ArcelorMittal increased pig iron production by 8% in 2021

Production of rolled products and steel grew as well

Photo – ArcelorMittal increased iron ore concentrate production by 3.3% in 11M
ArcelorMittal increased iron ore concentrate production by 3.3% in 11M

The Company produced around 900 thousand tons of iron ore concentrate in November alone

Photo – ArcelorMittal invested ₴258 million in Kryvyi Rih’s development in 2021
ArcelorMittal invested ₴258 million in Kryvyi Rih’s development in 2021

Healthcare, education, cooperation with local communities and urban development were among the key investment areas

Photo – ArcelorMittal paid 2.3 times more taxes in 11M
ArcelorMittal paid 2.3 times more taxes in 11M

The Company transferred ₴13.4 billion in taxes and fees to the budgets of all levels in the same period

Photo – Sizable contribution — how much and in what mining & metals companies are investing
Sizable contribution — how much and in what mining & metals companies are investing

The mining & metals sector seeks to develop production of high value-added products

Photo – ArcelorMittal ramped up steel production by nearly 25% in Q2
ArcelorMittal ramped up steel production by nearly 25% in Q2

At the same time, iron ore production fell by 17% in the same period

Photo – Zelenskyi promises to support ArcelorMittal’s investments in Ukraine
Zelenskyi promises to support ArcelorMittal’s investments in Ukraine

Lakshmi Mittal is going to invest $1 billion in environmental modernization of Kryvyi Rih-based steelmaking capacities

Photo – What does the deal between ArcelorMittal and Cleveland-Cliffs mean?
What does the deal between ArcelorMittal and Cleveland-Cliffs mean?

The leader is out of the running for the number one producer. Instead, efficiency is a new priority

Photo – Green steel production in Europe and in Ukraine
Green steel production in Europe and in Ukraine

The steel industry will go green — in Ukraine too

Photo – S&P raised Ukraine’s credit ratings to B
S&P raised Ukraine’s credit ratings to B

The agency also projected the GDP growth in Ukraine in 2019 from 2.5% to 3.2%.

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