Business news from Ukraine

Business news from Ukraine

ARCELORMITTAL REDUCES PRODUCTION OF ROLLED GOODS IN UKRAINE

19 November , 2020  

PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) in January-October of this year reduced the output of general rolled products, according to recent data, by 3.8% compared to the same period last year, up to 3.69 million tonnes.
As the representative of the enterprise informed the Interfax-Ukraine agency, steel production during this period decreased by 16.6%, to 3.8 million tonnes, pig iron by 11.3%, to 4 million tonnes. At the same time, sinter production decreased by 11.5% to 7.36 million tonnes.
In October, 320,000 tonnes of rolled metal, 350,000 tonnes of steel, 380,000 tonnes of pig iron, 700,000 tonnes of sinter were produced.
As reported, ArcelorMittal Kryvyi Rih over 2019 increased the output of general rolled products by 11.2% compared to the previous year, to 4.665 million tonnes, steel by 11.8%, to 5.327 million tonnes, pig iron by 14.9%, to 5.310 million tonnes, sinter production increased by 14.3%, to 9.831 million tonnes.
ArcelorMittal Kryvyi Rih is the largest manufacturer of rolled steel in Ukraine. It specializes in 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.

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