ArcelorMittal Kryvyi Rih

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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

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ICIT introduced final duties on bars from Belarus and Moldova

The initiator of the investigation was the ArcelorMittal Kryvyi Rih

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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

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ArcelorMittal Kryvyi Rih ended 2022 with a loss of UAH 47 billion

The company's income decreased by 59.9% y/y in 2022

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

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

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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

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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

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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

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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.

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ArcelorMittal was hit by a Russian missile attack

The company activated the emergency plan

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ArcelorMittal temporarily suspended steel and rolled products production

The available amounts of electricity are not enough to support production even at 20% capacity

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ArcelorMittal reduced electricity consumption by three times

Currently, the plant is operating at only 20-25% capacity due to power outages

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