ArcelortMittal Kriviy Rih is making 20-25% of products it can manufacture.

According to the company CEO Mauro Longobardo, the operation was affected by logistics problems.

AMKR used to produce 6 million tons of steel, of which 80% were exported via Odesa and Mykolaiv ports.

Railroad transportation costs increased 5-fold.

“Thus, we are unable to regain our profits,” Longobardo said.

In October, the company experienced problems with electricity supply. Usually AMKR consumes 400 MWh, while now – 120 MWh, but even they are not always available. (Ukrainian metal)

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