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ArcelorMittal Kryvyi Rih - Latest news GMK Center

Photo – Global DR Pellet Supply Crunch: Why Ukraine is so Important
Global DR Pellet Supply Crunch: Why Ukraine is so Important

Potential merchant DR-pellets supply from Ukraine could reach 5-7 million tonnes

Photo – Yulia Proskurova: The combined impact of the new quotas and the CBAM could destroy Ukraine’s steel industry
Yulia Proskurova: The combined impact of the new quotas and the CBAM could destroy Ukraine’s steel industry

ArcelorMittal Kryvyi Rih has not yet been able to offset the loss of European export orders due to protectionism

Photo – Defending the home front: how Ukraine is countering the decline of its domestic steel market
Defending the home front: how Ukraine is countering the decline of its domestic steel market

In the first five months of 2026 alone, 43,000 tons of Chinese wire rod were imported into the country

Photo – ArcelorMittal Kryvyi Rih is shutting down production due to logistics issues
ArcelorMittal Kryvyi Rih is shutting down production due to logistics issues

Disruptions in the supply of raw materials from Ukrainian Railways threaten to bring blast furnace production to a complete halt

Photo – Iron and steel sector of Ukraine paid $0.9 bln in taxes in 2025
Iron and steel sector of Ukraine paid $0.9 bln in taxes in 2025

The sector accounted for 1.4% of total tax revenues in Ukraine

Photo – In Q1 2026 ArcelorMittal Kryvyi Rih lost 300,000 tons of steel exports due to CBAM
In Q1 2026 ArcelorMittal Kryvyi Rih lost 300,000 tons of steel exports due to CBAM

The company has been operating at a loss for five consecutive years and survives solely thanks to the support of its parent group

Photo – ArcelorMittal Kryvyi Rih has permanently ceased production at its blooming mill
ArcelorMittal Kryvyi Rih has permanently ceased production at its blooming mill

Going forward, the company will also consolidate its rolled steel production across a smaller number of rolling mills

Photo – ArcelorMittal has invested $1.2 billion since 2022 to ensure the survival of its Ukrainian division
ArcelorMittal has invested $1.2 billion since 2022 to ensure the survival of its Ukrainian division

The outlook for ArcelorMittal Kryvyi Rih's profitability in 2026 is also negative

Photo – What losses did the war cause to the Ukrainian economy and iron and steel industry?
What losses did the war cause to the Ukrainian economy and iron and steel industry?

Since the start of the war, Ukraine's direct losses have exceeded $195 billion, with total economic losses amounting to $1.7 trillion

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