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Azovstal to close open-hearth furnaces in May

Azovstal Iron and Steel Works plans to close outdated, energy inefficient open-hearth furnaces in May.Steel production capacity will decrease by 1.3-5.5 MT per year, with two converters left. Additionally, Azovstal gained approval at the end of April to produce rails from converter steel from its biggest rails customer, Ukrzaliznytsia.Until recently OHF steel was used. Azovstal…

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ArcelorMittal Kryvyi Rih crude steel output down by 10% in January-April

In the January to April period of the current year the crude steel production of ArcelorMittal Kryvyi Rih, the Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 1.838 million tons, down by 10% YoY. In addition, in the first 4 months of the year ArcelorMittal Kryvyi Rih registered a 12% decrease YoY in its finished…

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