ArcelorMittal Kryvyi Rih - Latest news GMK Center

In such conditions, further production becomes significantly unprofitable, and competitiveness on the global market decreases

Steel production increased by 68% y/y, rolled products – by 66%, pig iron – by 15%, iron ore – by 86%, and coke – by 53%

Bonuses are provided for meeting and exceeding production indicators

In Ukraine, women are increasingly employed in positions that were occupied by men before the full-scale invasion of the Russian Federation

Steel production increased by 90% y/y, rolled products – by 95%, pig iron – by 12%, iron ore – by 112%, and coke – by 16%

They will provide raw materials to increase blast furnace production

The company plans to approach 50% utilization of steel capacities in the near future

Workers will receive a payment in the amount of 50% of the average monthly wage for the time actually worked in 2023

Supporting export potential, staffing and ramping up production remain the main issues for Ukrainian steel sector

The extended repair of the second category lasted 296 days and took place in difficult military conditions

Continued supplies from Russia create imbalances in the European market and damage local producers

Lifting all trade restrictions is a prerequisite for the survival of the Ukrainian economy