ArcelorMittal Kriviy Rih has modernized the Kometa metal thermal cutting machine in the metal structures shop. With the help of modernization, the issue of spare parts for the repair of machinery has been solved. The machine can cut anything from metal. Now it will produce spare parts to repair caissons, railroad cars, plates, etc. The…
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.…
ArcelorMittal Kriviy Rih has decided to optimize its management structure to overcome the challenges of the war. In particular, the supply department has been merged with the finance department and will report to the CFO Sergey Plichko. “AMKR is a large buyer of goods and services and plays an important role in the Ukrainian economy.…
Before the war, ArcelorMittal Kriviy Rih produced raw materials mostly for its own use. The company exported only 20% of iron ore concentrate. Now AMKR exports 80%. In May, the company intends to export 450 thousand tons of concentrate, with 100 thousand tons via a new loading unit. Investments in the new unit exceeded 10…
ArcelorMittal Kriviy Rih is 20% loaded in pig iron manufacture and 50-60% in pig iron extraction. “Since the start of the war in Ukraine, the company has suspended operation to protect its employees. Since then we have resumed operation and are currently working with one of three blast furnaces. The blast furnace No. 6 (around…
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…
ArcelorMittal Kriviy Rih could become another Russia’s target. According to the company CEO Mauro Longobardo, Russian marauding troops are 60 km away. “We don’t know what could happen today or tomorrow. But we all hope that the Ukrainian Army will wipe them out. But we have to be realists – the plant could be hit…
Metinvest has started supplying its own coal to ArcelorMittal Kriviy Rih. “These are trial batches. We have never used their coal before. It has certain peculiarities, which affect coke quality. So we need a new recipe, which we are developing. Metinvest will take excess coke from us, as due to war they can no longer…