Ukraine’s largest steelmaker ArcelorMittal Kryvyi Rih hopes for an improvement in the situation with power supply in the first half of this year and an increase in production from the current 25% to 50% of the plant's capacity. ArcelorMittal Kryvyi Rih CEO Mr Mauro Longobardo told reporters “We can't produce more than 25% because we don't have enough power. As soon as we have power, we can increase production and reach 50%. ArcelorMittal Kryvyi Rih is currently operating at 25% in ore mining and steel production and consumes about 125 MW, compared to the pre-war typical consumption level of about 450 MW.” Mr Longobardo added that after the recent decision of the government, ArcelorMittal Kryvyi Rih started importing electricity and is currently quite satisfied with the result, although the price of imports adds a negative impact on the cost. He also said that if there is sufficient power supply, further restrictions of 50% of capacity are already related to logistics. As Longobardo said, ArcelorMittal Kryvyi Rih is actively developing new routes alternative to the pre-war maritime ones, and preliminary new directions to Poland and southern Ukraine will ensure 50% of production work. According to him, without the resumption of operation of the main ports of Ukraine, the plant will not be able to either export products or ensure coal imports. Longobardo said that AMKR is currently operating entirely on Ukrainian coal, as the operation of the traditional coal import route from Kazakhstan from another ArcelorMittal's subsidiary is currently interrupted. 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.
Ukraine’s largest steelmaker ArcelorMittal Kryvyi Rih hopes for an improvement in the situation with power supply in the first half of this year and an increase in production from the current 25% to 50% of the plant's capacity. ArcelorMittal Kryvyi Rih CEO Mr Mauro Longobardo told reporters “We can't produce more than 25% because we don't have enough power. As soon as we have power, we can increase production and reach 50%. ArcelorMittal Kryvyi Rih is currently operating at 25% in ore mining and steel production and consumes about 125 MW, compared to the pre-war typical consumption level of about 450 MW.” Mr Longobardo added that after the recent decision of the government, ArcelorMittal Kryvyi Rih started importing electricity and is currently quite satisfied with the result, although the price of imports adds a negative impact on the cost. He also said that if there is sufficient power supply, further restrictions of 50% of capacity are already related to logistics. As Longobardo said, ArcelorMittal Kryvyi Rih is actively developing new routes alternative to the pre-war maritime ones, and preliminary new directions to Poland and southern Ukraine will ensure 50% of production work. According to him, without the resumption of operation of the main ports of Ukraine, the plant will not be able to either export products or ensure coal imports. Longobardo said that AMKR is currently operating entirely on Ukrainian coal, as the operation of the traditional coal import route from Kazakhstan from another ArcelorMittal's subsidiary is currently interrupted. 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.
