ArcelorMittal Kriviy Rih is implementing a major investment program on development valued at $1.2 billion.

Among other things the company plans to reconstruct converter shop and build new has-purifying machines.

Also AMKR intends to develop its rolling manufacture, switch its MS 250-4 shop to 150 mm square billets and construct a new rod line at MS 260-6. Construction terms and other details are not disclosed.

“60 years have passed since the first billet was rolled at MS 250-1. Since then we have greatly increased the product range. We have started producing 6, 8 and 12 mm rebars, ASTM 10.5, 11.5, 24, 26 and 30 mm rebars”, said the company in its statement. (Ukrainian Metal)

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