ArcelorMittal Kryvyi Rih - Latest news GMK Center

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

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

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

Last year's increase was due to the company's presence in the EU market

Electricity reached $230/MWh in February, and the share of energy resources in the cost price rose to 40%

The mining department of the enterprise operates at approximately 75% of its full capacity

The key reason is the energy crisis facing the company

From March, prices for this product will increase by $50/t

The shortage of electricity, its high price, and the shortcomings of the import mechanism have a significant impact on the operation of the steel plant

Support for veterans, families of the fallen, and communities remains a priority for the company despite losses

Contributions to the state budget amounted to 1.8 billion, to local budgets – 2.6 billion

The key factor was the final introduction of CBAM without exceptions for Ukraine