ArcelorMittal Kryviy Rih reduced semi-annual steel production by 10%
Working at PJSC "ArcelorMittal Kryvyi Rih" in the first half of 2020 was considerably complicated by the quarantine restrictions, but according to General Director Mauro Longobardo the company still managed to maintain production at an acceptable level.
| product | 2020 (6 months) | 2019 (6 months) |
| CAST iron | 2,5 | 2,6 |
| STEEL | 2,4 | 2,6 |
| RENTAL | 2,2 | 2,3 |
"In General, the production of major products was at the level of 90-95% of the targets. Early in the second quarter, the level of production dropped to 80%, but later we were able to reach 90% and above", - said Mr. Longobardo.
this year in connection with the introduction of quarantine in the country the company had to change the layout of the planned repairs and stages of the modernization program. At the same time, PJSC "ArcelorMittal Kryvyi Rih" intends to gradually implement the strategy of sustainable development of the enterprise for the next five years.
"All initiatives for the implementation of environmental projects will also be completed – this is the priority task," stressed Mr. Longobardo.
Previously coalsalesthat in the next 3-4 years, PJSC "ArcelorMittal Kryvyi Rih" is going to allocate $ 700 million to implement large investment projects, each of which has an environmental component and allows you to phase out obsolete technologies.