Located in Ukraine, ArcelorMittal Kryvyi Rih plant is bearing the heavy burden of wartime along with the brave country fighting for its existence. “However, today we are forced to talk about another front – the economic one, where the situation is becoming critical,” says Mauro Longobardo, CEO of ArcelorMittal Kryvyi Rih. “Since July, ArcelorMittal Kryvyi…
ArcelorMittal Kryvyi Rih has announced a decrease in output due to the worsening of the market situation. The company has faced a number of serious challenges, among which are a drop of global iron ore prices, stagnation of European markets and high electricity prices in Ukraine. Decrease in output will not result in personnel firing.…
ArcelorMital Kriviy Rih has constructed an underground service station for its mine transport at the depth of 1,135 meters. Now the repair and maintenance of mine transport, electric locomotives and trolleys will be carried out in an up-to-date underground depot. Previously, all the repair and maintenance checks of mine transport at the 1,135 horizon were…