investment

Mexico’s miners expect a 15% increase in investment in 2022

The industry cites a number of barriers to investment growth: security problems, a high tax burden and the government's decision to stop granting concessions for projects

Voestalpine will invest €100 million in the expansion of the hot-dip galvanizing line in Linz

In the next few years, the company plans to expand the plant's capabilities to meet the future demand for steel

India approves six new steel projects in Odisha

The projects will expand the capacity of Tata Steel, ArcelorMittal Nippon Steel and other Indian companies

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Primetals has completed the 1st phase of the control system modernization for Voestalpine

Modernization takes place at the company's plant in Linz, Austria

National Recovery Plan includes $750 billion investments over 10 years

About $6 billion to use for the rebuilding and development of Ukrainian steel industry

ArcelorMittal has completed the reconstruction of the slag yard №1

The shop got a slag yard with new equipment and a comfortable living space

Kametstal has completed the overhaul of the ladle furnace №1

Despite the tense situation, the company continues to upgrade equipment and improve production

Zaporizhzhia Coke Plant repaired the coke battery №2 for UAH 120 million

Equipment modernization started in December 2021, but was paused during hot conservation in March

Kametstal has started an overhaul of the ball rolling mill furnace №1

The unit produces grinding balls with a diameter of 80 mm for the Northern Mining, Ingulets Mining and Central Mining

ArcelorMittal saved critical investment projects

However, some investment projects, including the construction of a pellet plant, were postponed due to the war

In 2021, Metinvest spent UAH 1.3 billion on work safety at Kryvyi Rih plants

Labor safety spending increased by 1.3 times compared to 2020

Global economy expectation from Russian-Ukrainian war

Consequences of the aggression against Ukraine for the world gross product in 2022 will be at least -1% down growth, or $1 trillion

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