Business news from Ukraine

Business news from Ukraine

“ArcelorMittal Kryvyi Rih” at its coking division reduced production of metallurgical coke by 62.6%

Kryvyi Rih Mining and Metallurgical Plant PJSC “ArcelorMittal Kryvyi Rih” (AMKR, Dnipropetrovsk region) at its coke chemical division in January-August of this year reduced the production of metallurgical coke by 62.6% compared to the same period last year – up to 740 thousand tons .

A representative of the company told Interfax-Ukraine that in August the company produced 44,000 tons of metallurgical coke.

At the same time, in January-August 2022, the production of 6% moisture gross coke at AMKR amounted to 851 thousand tons, including 51 thousand tons in August.

Coke production at ArcelorMittal Kryvyi Rih for 8 months-2021 increased by 12.1% – up to 1.976 million tons, including 260 thousand tons in August last year.

In January-August 2022, 263 thousand tons of domestically produced coal, 390 thousand tons from Russia (before the war), 65 thousand tons from Kazakhstan, 27 thousand tons from Poland, 15 thousand tons from the Czech Republic, 208 thousand tons from the USA and 134 thousand tons from Australia. In August, AMKR delivered 48,000 tons of domestic coal, 18,000 tons from the United States, and 8,000 tons from Australia.

As reported, in January-August this year, Ukrainian Coke Plants reduced the production of gross coke with 6% moisture by 55.2% compared to the same period last year, to 2.94 million tons. Including for 8 months-2022, the production of metallurgical coke amounted to 2.52 million tons. At the same time, 257.7 thousand tons of gross coke were produced in August, including 221 thousand tons of metallurgical coke.

Ukraine in 2021 reduced the production of coke by 1.3% compared to 2020 – to 9.543 million tons.

“ArcelorMittal Kryvyi Rih” 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 Berislav.

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ARCELORMITTAL KRYVYI RIH GRADUALLY RESTORES PRODUCTION

PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) is gradually restoring production after a forced shutdown in March this year.
According to the company, during the visit to the enterprise, head of Dnipropetrovsk regional military administration Valentyn Reznichenko, chairman of Dnipropetrovsk regional council Mykola Lukashuk and head of Kryvy Rih military administration Oleksandr Vilkul discussed the restart of metallurgical production.
At the same time, it was stated that one blast furnace, two coke oven batteries, three pouring machines, a rolling mill, a converter and one of the three continuous casting machines are currently operating at the enterprise.
“One of the largest mining and metallurgical plants, ArcelorMittal Kryvyi Rih, resumes work. It is still a long way before the launch of all capacities, but the company has embarked on this path. The company is building new logistics and looking for new sales markets. Thousands of employees of the plant have a salary, and the budget – taxes,” the head of Dnipropetrovsk regional military administration said.
Vilkul, in turn, stated that important production facilities had resumed work in the industrial sector over the past two weeks.
Serhiy Lavrynenko, Deputy General Director for Metallurgical Production at ArcelorMittal Kryvyi Rih, added that thanks to the support of the parent company ArcelorMittal, the government of Ukraine, Ukrzaliznytsia managed to restore part of the production operations at ArcelorMittal Kryvyi Rih.
“We are optimistic… We hope to arrange coal supplies in sufficient quantities to restart another blast furnace in the near future, and then increase the level of rolled products production,” Lavrynenko said.
At the same time, it is recalled that in early March, the company’s management decided to stop all blast furnaces of the enterprise and the processes of metallurgical production. The coking plant is now in a state of hot downtime – this is a necessary measure to avoid causing irreparable damage to the equipment. The work of the mining department did not stop after the Russian invasion, although the level of ore production was reduced due to interruptions in the operation of logistics routes and the shutdown of blast furnaces, the company said.
However, since April, the plant has been gradually resuming production processes. The restart began with the return to operation of blast furnace No. 6, it resumed operation on April 9.

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ARCELORMITTAL KRYVYI RIH RESUMES PRODUCTION, SHIPMENTS DUE TO COOPERATION WITH UKRZALIZNYTSIA, GOVT ASSISTANCE

PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) has resumed production and begins shipping to foreign consumers thanks to cooperation with Ukrzaliznytsia and attention to the enterprise from the government of the country.
According to head of JSC Ukrzaliznytsia Oleksandr Kamyshin, the railway continues to work according to the schedule, and now ArcelorMittal Kryvyi Rih is joining the work on schedule, which resumes work and launches the first furnace.
“Together with the railway team today at the plant we are meeting the first tonne of commercial pig iron. Let me remind you that three weeks ago, together with Minister of Infrastructure (Oleksandr) Kubrakov and First Deputy Prime Minister (Yulia) Svyrydenko, we were already in Kryvy Rih and we discussed with the management of the steel plant how the railway can help launch the plant. I am glad to be with the team of the steel plant at such a historic moment today. Let me remind you that the last time the Kryvy Rih iron and steel works was launched immediately after the Second World War,” the head of Ukrzaliznytsia wrote.
At the same time, he noted that the workers of the metallurgical plant receive work, “and, therefore, wages, the economy – taxes, and the railway – the same tonne of cargo that we have always fought for.”
In turn, General Director of ArcelorMittal Kryvyi Rih Mauro Longobardo, in an interview with the Kryvy Rih television company, noted that after the suspension of the enterprise’s activities due to hostilities, work in the mining sector continued at 30% of normal capacity. At the same time, work was suspended in the underground mine of the plant due to fear of a sudden power outage.

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ARCELORMITTAL KRYVYI RIH INVESTS UAH 258 MLN IN KRYVY RIH

PrJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) in 2021 invested more than UAH 258 million in social initiatives in Kryvyi Rih and the region.
According to a press release on Friday, this is the company’s total contribution to large-scale projects in four areas – healthcare, education, cooperation with local communities, and the development of Kryvy Rih.
Summing up the results of 2021, CEO of ArcelorMittal Kryvyi Rih Mauro Longobardo said that the company has identified key areas for the implementation of social projects and the creation of a comfortable environment in Kryvy Rih, which is fully consistent with the development priorities of the city and local communities.
Investments in healthcare amounted to UAH 158 million, in the development of Kryvy Rih – UAH 70 million, in education – UAH 23.5 million, and in the development of local communities – UAH 7.1 million.
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.

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