ArcelorMittal Kryvyi Rih

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ArcelorMittal Kryvyi Rih to reduce capacity due to rising electricity prices and slowing exports

In Q4 2024 one blast furnace will remain in operation – BF No. 8, and 2-3 sintering machines

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High electricity prices in Ukraine and unfavorable markets prevent us from increasing production – ArcelorMittal Kryvyi Rih

The company is ready to quickly increase the volume of production for the improvement of the situation

ArcelorMittal Kryvyi Rih exports its products only to the nearest EU countries due to the cost of logistics

At the same time, European and other manufacturers have a number of competitive advantages

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ArcelorMittal Kryvyi Rih is among the top 10 largest wartime investors

Capital investments of enterprises during the two and a half years of war amounted to UAH 9 billion

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AMKR will provide 70 thousand tons of slag for the arrangement of roads along the EU border

Almost 35 km have already been installed in the Chernivtsi region and 17 km in Transcarpathia

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ArcelorMittal Kryvyi Rih calls on the government to prevent unification of electricity distribution tariffs

This will be a devastating blow to large industry and will have a negative impact on the country's economy

Steel anniversary: ​​90 years of ArcelorMittal Kryvyi Rih

The total investments of ArcelorMittal during 18 years of work in Ukraine amounted to $10.7 billion, the company has a long-term strategy for the development of the Ukrainian division

ArcelorMittal’s D&I policy: how the Ukrainian company implements the principles of gender equality

In the conditions of a full-scale invasion of the Russian Federation, women are increasingly in demand in the iron and steel industry

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ArcelorMittal Kryvyi Rih calls on the government to reconsider the norm for imports of at least 80% of electricity

In such conditions, further production becomes significantly unprofitable, and competitiveness on the global market decreases

metalurg.online
ArcelorMittal Kryvyi Rih increased production of all major products in May

Steel production increased by 68% y/y, rolled products – by 66%, pig iron – by 15%, iron ore – by 86%, and coke – by 53%

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