ArcelorMittal Kryvyi Rih

Public Joint Stock Company "ArcelorMittal Krivoy Rog" occupies a leading position among enterprises of the mining and metallurgical complex of Ukraine. It is part of the international corporation ArcelorMittal.

ArcelorMittal Kryvyi Rih is a large enterprise of the mining and metallurgical complex of Ukraine, an enterprise of the full metallurgical cycle, which operates coke-chemical and mining production (open-pit mining and underground ore mining), metallurgical, which includes aglodomain, steelmaking and rolling departments.

The company specializes in the production of long-length rolled products: reinforcement and wire rods from ordinary and low-alloy steel grades, produces agglomerate, concentrate, coke, cast iron, steel, long and shaped rolled products.

Performance indicators

2022: Production cut by 5 times

At the end of 2022, ArcelorMittal Kryvyi Rih (AKMR) reduced production volumes several times. This happened due to the conduct of a military special operation of the Russian Federation in Ukraine.

"The current situation has brought Ukrainian metallurgy to the brink of survival. The production level at ArcelorMittal Kryvyi Rih fell five times. The company's production facilities were loaded by no more than 20-25%, "the largest Ukrainian metallurgical company said in a statement.

The production of ArcelorMittal Kryvyi Rih has decreased fivefold over the year

The company failed to execute the plan for any of the production categories. Thus, in 2022, the company produced 1.6 million tons of cast iron (29% of the planned volume), 1.2 million tons of steel (23.1%), 1.1 million tons of rolled products (22.8%), 1 million tons of coke (37.3%), 4.5 million tons of concentrate (42.8%) and 11.6 million tons of ore (44%). ArcelorMittal Krivoy Rog added that in general, the production volumes of the steel industry in Ukraine in 2022 decreased by 70% due to a decrease in export opportunities, restrictions on energy supply and a number of other factors.

In December 2022, the deputy head of the office of the President of Ukraine Rostislav Shurma said that in the fourth quarter of the year, industrial production in Ukraine dropped sharply. According to him, the indicators may vary depending on the situation in a particular region and the power supply of a particular enterprise.

AMKR General Director Mauro Longobardo in 2022 said that after the suspension of the enterprise due to a military operation in Ukraine, work in the mining sector continued at 30% of the usual capacity. At the same time, work in the underground mine of the plant was suspended due to fear of a sudden power outage. Speaking about the work of coke production, the general director explained that the enterprise has six coke furnaces, of which two worked constantly, and four were in hot preservation.^[1]

History

2022

Missile strike of the Armed Forces of the Russian Federation on the plant

On the night of December 5, 2022, Russian troops launched a missile attack on infrastructure in the Dnipropetrovsk region. One of the arrivals occurred at the ArcelorMittal metallurgical plant in Krivoy Rog.

Photographs distributed by Ukrainian channels show serious damage to the plant's repair shop. The company has a large fleet of diesel locomotives, as well as the necessary infrastructure for the repair and maintenance of locomotives.

The work of the plant was stopped a week earlier after massive attacks on the energy infrastructure of Ukraine.

According to @ fifthrepublic, the plant also produces components for French nuclear power plants at this time.

Suspension of activities against the background of Russia's special operation in Ukraine

In July 2022, the largest mining and metallurgical enterprise of Ukraine "ArcelorMittal Krivoy Rog" suspends the activities of the mining and processing plant from August for three months. Among the reasons are the decline in demand in markets in Europe and high logistics costs. The organization will not reduce personnel, but will reduce salaries by 33%. Logistics costs at the enterprise increased fivefold.

Notes