ArcelorMittal Kryvyi Rih Plans USD 600 Million Modernization
Parallel to the ongoing reconstruction of its upstream facilities ArcelorMittal Kryvyi Rih has announced about several large investment projects focused on
Parallel to the ongoing reconstruction of its upstream facilities ArcelorMittal Kryvyi Rih has announced about several large investment projects focused on productivity improvement and reduction of environmental footprint ArcelorMittal Kryvyi Rih Mr Mauro Longobardo told Metal-Сourier that investments during next three years would total to around USD 600 million. He also added that, after the implementation of these projects it would be possible to consider further investments, aimed to increase efficiency of the steelmaking and rolling capacities, and the development of new products with high added value. The plan is to finish these investments and complete the projects by the end of 2023.
A program of capital investment includes several projects, three of them are environmental and the most significant.
Construction of a pellet plant, through which will introduce modern technology and enhance productivity of the company
Reconstruction of our blast furnace No 9 to extend its lifespan for the next twenty years
Reconstruction of the exhaust gas treatment system in our BOF-shop
After that ArcelorMittal Kryvyi Rih will proceed with a closure of
Sintering plants No 1
Coke batteries Nos 1-2
BF No 7 and will operate with three BFs instead of four