ArcelorMittal Kryvyi Rih - Latest news GMK Center

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

Without a deferral of the carbon tax by the European Commission, Ukraine will lose billions in exports

Production activities continue to take place under conditions of extremely high risks and restrictions caused by the war

Not only does the state fail to encourage a reduction in the cost of energy resources for industry, but it also continues to increase tariffs