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ArcelorMittal Kryvyi Rih - Latest news GMK Center

Photo – ArcelorMittal Kryvyi Rih plans to increase investments by almost 20% in 2024
ArcelorMittal Kryvyi Rih plans to increase investments by almost 20% in 2024

The capital investment budget for the current year was $130 million

Photo – ArcelorMittal plans to increase capacity utilization to 50% in 2024
ArcelorMittal plans to increase capacity utilization to 50% in 2024

The plant expects to put two blast furnaces into operation

Photo – ArcelorMittal produced 390 thousand tons of steel in the first half of 2023
ArcelorMittal produced 390 thousand tons of steel in the first half of 2023

With the stabilization of water supply, the steel plant will be able to provide 33-35% of capacity utilization

Photo – ICIT introduced final duties on bars from Belarus and Moldova
ICIT introduced final duties on bars from Belarus and Moldova

The initiator of the investigation was the ArcelorMittal Kryvyi Rih

Photo – ArcelorMittal will put into operation separate rolling mills
ArcelorMittal will put into operation separate rolling mills

The mountain department of the enterprise is provided with water for at least the next 2-3 months

Photo – ArcelorMittal Kryvyi Rih plans $130 million in capital investments for 2023
ArcelorMittal Kryvyi Rih plans $130 million in capital investments for 2023

In 2022, the company received over $600 million in aid from ArcelorMittal

Photo – ArcelorMittal produced 1.1 million tons of rolled steel in 2022
ArcelorMittal produced 1.1 million tons of rolled steel in 2022

In 2022, the output of pig iron amounted to 1.6 million tons, and steel – 1.2 million tons

Photo – 225,000 tons of ArcelorMittal’s waste slag were used for road renewal in 2021
225,000 tons of ArcelorMittal’s waste slag were used for road renewal in 2021

The slag processing shop of the enterprise produces two types of slag

Photo – ArcelorMittal’s equipment was not affected by the blackout in November
ArcelorMittal’s equipment was not affected by the blackout in November

On November 23, 2022, the workers managed to save blast furnace №6, which was preparing for the next release of pig iron

Photo – EBRD to provide ArcelorMittal Kryvyi Rih with a $100 million loan
EBRD to provide ArcelorMittal Kryvyi Rih with a $100 million loan

The funds will be used to finance the company's needs in working capital to ensure continuity of operations.

Photo – ArcelorMittal was hit by a Russian missile attack
ArcelorMittal was hit by a Russian missile attack

The company activated the emergency plan

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