The Ukrainian Metal

Ukraine: AMKR to increase investments in 2024

ArcelorMittal Kriviy Rih believes it can increase sales on domestic market thanks to the government orders and normalization of logistic routes.

This year capex amounted to $130 million, and next year the company planned to increase investments by 20%, to $155 million.

In 2023, AMKR intends to produce more than 1.4 million tons of pig iron, 1 million tons of steel and 0.8 million tons of rolled metal.

AMKR is the largest manufacturer of rolled steel in Ukraine. (Ukrainian metal)

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