The smelter of the Luxembourg-based ArcelorMittal in Kryvyi Rih, Ukraine, is operating at up to 20% capacity for pig iron and 50-60% of its iron ore mining capacity, according to a quarterly report from the world's second-largest steel company.
“With the outbreak of war in Ukraine, the company announced the suspension of operations (in Kryvyi Rih, - ed.) to protect its people and property. Since then, we have gradually resumed operations and are currently operating one of three blast furnaces. Blast Furnace #6 (approximately 20% of plant capacity) was restarted on April 11, 2022 (to resume low-level pig iron production). The production of iron ore is currently loaded at about 50-60%”, -
Kryvyi Rih Iron and Steel Works in the first quarter of 2022 reduced steel shipments by 20.3%, to 2.1 million tons compared to 2.6 million tons in the fourth quarter of 2021 and by 20.2% compared to the first quarter a year earlier, mainly due to the impact of the situation related to Russia's special military operation in Ukraine.
ArcelorMittal has confirmed plans to invest in the construction of a new pelletizing plant with a capacity of 5 million tons of pellets per year. The company recalled that the project will reduce CO2 emissions by 750 thousand tons per year.
ArcelorMittal Krivoy Rog is the largest producer of rolled steel in Ukraine. It specializes in the production of long products, in particular, rebar and wire rod. ArcelorMittal owns the largest mining and metallurgical plant in Ukraine, ArcelorMittal Kryvyi Rih, and a number of small companies, in particular, PJSC ArcelorMittal Beryslav.
