ArcelorMittal Kryvyi Rih announces production results for 2020

Kryvyi Rih, January 21, 2021 ArcelorMittal Kryvyi Rih, more of a mining and metallurgical enterprise in Ukraine, announces its 2020 production results. Key production figures, million tonnes Mauro Longobardi, General Director of ArcelorMittal Kryvyi Rih – Production results in 2020, unprecedentedly difficult for the entire business, turned out to be the best all pessimistic forecasts. The level of production of the main types of products – pig iron, steel, rolled products – really decreased significantly, but at the same time, it was possible to achieve high rates of ore extraction and shipment of iron ore concentrate. At the end of the year, the production plan of the mining department was overfulfilled, which was facilitated by both the competition on the market and the modernization of the crushing and processing complex. The rapid recovery of business activity in the second half of the year helped us to minimize losses in production and shipment of finished products. The enterprise successfully mastered the production of new profiles in light-section condition No. 3, which allowed us to optimize the work and shutdown small-section mill No. 1. We fulfilled our promises in the context of environmental obligations – we stopped the twin-shaft steel-making unit No. 6 of the open-hearth shop and decommissioned the first blooming section. Work continues on the modernization of the main technological units, such as a large-scale reconstruction of the second sinter shop. Last year, the casing of blast furnace No. 9, wire mill furnace No. 1, boiler No. 4 of TPP No. 2, blast furnace No. 7 were repaired. In 2020, continuous casting machines No. 2, 3 were brought up to the specified production parameters, which made it possible to stop obsolete condition 1250 blooming. A key milestone in the development of the enterprise was the start of a project to build a modern pelletizing plant, the work of which will improve the environmental situation in the city and the region. I am sure that 2020 has become a turning point for ArcelorMittal Kryvyi Rih on the way to renewal of capacities and eco-transformation.

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