ArcelorMittal Kriviy Rih has launched only one blast furnace out of four, as it lacks coking coal for full operation. Before the Russian invasion the company bought 300 thousand tons of coal each month, mostly from Kazakhstan. “But now the Temirtau coal cannot reach us. We have to look for other sources. This is difficult.…
Russian troops are trying to resume operation of the occupied Mariupol port, which stocks Ukrainian metal and grain, which signifies their intention to steal them. According to Igor Barskiy, director of the state enterprise Mariupol Sea Trade Port, on February 23 there were around 200 thousand tons of metal and pig iron valued at $170…
In 2021, Krivoy Rog Iron Ore Industrial Complex increased net profit 2.37-fold YoY, to 4.02 billion UAH. Net income grew by 68.9%, to 11.16 billion UAH. Iron ore output with iron content of 58.32% was 4.298 million tons. 30% was supplied to Mariupol Ilyich Iron and Steel Works, but in Q1 2022 deliveries decreased to…