Ukraine: ArcelorMittal suspends investment projects at AMKR

ArcelorMittal has temporarily suspended all investment projects at ArcelorMittal Kriviy Rih, in particular, construction of the pelletizing factory with the capacity of 5 million tons per year. According to the company Q1 report, investment projects in Ukraine valued at $200 million are suspended. Funds intended for the AMKR will be redistributed to the renewable energy…

Ukraine: EMSS damaged by Russians troops

Following another shelling of Kramatorsk by Russian marauding troops, Energomashspetsstal has been heavily damaged. Russian missiles hit one of the most important shops for the company operation – the electric steel smelting shop. According to the company president Maksim Yefimov, the shop was seriously damaged. Since the start of the Russian invasion in Ukraine, EMSS…