Investments of AMKR in the development of production in 2019 exceeded $ 415 million
the Largest mining and metallurgical enterprise of Ukraine "ArselorMittal Krivoy Rog" in 2019 invested in production development 415,4 million dollars. Of these, operating costs amounted to 116 million dollars, and the capital – 299,4 million dollars.
2019 was challenging for all mining and metallurgical complex of Ukraine, while the second half of the year was more complicated than the first. Ukrainian exporters were increasingly difficult to sell their products due to a significant fall in prices and a General decline in steel consumption in world markets. Along with rising costs this has a negative impact on the financial condition of companies-producers and led to reduced production. However "ArcelorMittal Kryvyi Rih" has managed to maintain a high tempo of investment and to continue implementing strategic projects.
last year, the company has almost completed a major investment project – modernization of the light section mill No. 250-4, which invested over $ 60 million. Thanks to the reconstruction of the camp at the "ArcelorMittal Krivoy Rog" has the opportunity to produce rebar No. 8-24 in the riots solernou with wound – a new product in the assortment of the enterprise. At the moment, continue hot trials of new solernou line.
Also last year, completed construction and installation works, and already output to the design capacity of the machine continuous casting No. 3. In addition, preparing to launch the installation of ladle furnace and CCM No. 2. The total cost of construction of a new complex of continuous casting of steel exceeds $ 160 million.
never stops and reconstruction of the sintering plant No. 2 with installation of modern electrostatic precipitators: three of the six sintering machines has been upgraded since December last year began the ecological modernization of the fourth to sinter. In the reconstruction, the dust emissions for each of the six sintering machines will be reduced by 250 tons per year – the total reduction will amount to about 1 500 tons per annum. The entire project is to update the second sintering plant is estimated at $ 170 million.
in addition, in 2019 was introduced to the work reconstructed a turbo-blower No. 15 at CHP-3, which provides stable and economical production of cold blast feed blast furnace No. 9. From a stable supply of blast and oxygen concentration depends on the smooth running of the largest of the company's blast furnace capacity. The cost of the project amounted to about $ 8 million.
Continued updating of equipment in the mining Department of "ArcelorMittal Kryvyi Rih". So, in 2019 was purchased and put into operation two diesel excavator Komatsu with bucket capacity of 12 cubic meters, installed two new crushers medium and fine crushing, purchased two new mills for ore-dressing factories.
Despite the reduction in the budget of the investment program, in 2020, the company intends to complete key projects and to continue the implementation of the new. We are talking about replacing the gas cleaning units of the first unit BOF (converters №№ 1-3), reconstruction of blast furnace No. 9, the construction of a new oxygen unit and the pelletizing plant for the production of 4,5–5 million tons of pellets per year. Will continue program of replacing railway tracks of the enterprise, reconstruction of buildings, reconstruction of pipelines, and implementation of environmental measures to reduce industrial impact on the environment.
Over 14 years of work in Ukraine, the total investments of ArcelorMittal company amounted to $ 9.7 billion ($4.8 billion – amount of purchase enterprises during privatization + 4.9 billion dollars – of investments in production development). The total volume of capital investment, "ArcelorMittal Krivoy Rog" in production development until 2022 will amount to $ 1.8 billion.