ArcelorMittal Kryvyi Rih’s output drops in 2022 due to impact of war

Friday, 20 January 2023 12:35:31 (GMT+3)   |   Istanbul

ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steelmaker ArcelorMittal, has announced its production results for 2022.

The company’s production level in 2022 dropped to one-fifth of its previous level in 2021 due to the disruptions caused by the Russian invasion. 

In the given year, the company’s pig iron output totaled 1.6 million mt, decreasing by 70 percent, while its crude steel output was 1.2 million mt, down by 75.6 percent, both year on year. The company’s production plan for 2022 was 5.6 million mt for pig iron and 5.1 million mt for crude steel, so the planned volumes were fulfilled by 29 percent and 23.1 percent, respectively. 

In 2022, ArcelorMittal Kryvyi Rih’s rolled steel product output was 1.1 million mt, fulfilling 22.8 percent of the production plan, while its iron ore concentrate output totaled 4.5 million mt, fulfilling 42.8 percent of the plan. The company’s coke production in the given period totaled one million mt, 37.3 percent of the planned production.

DamlaTükenmez
Damla Tükenmez
Editor

I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

Marketplace Offers

Lumps
Dimensions:  0 mm
ATAY COMPANY
DRI
Dimensions:  9 - 16 mm
SUEZ STEEL CO.
Lumps
Dimensions:  0 mm
Wuchan zhongda international group

Similar articles

Metinvest posts higher steel, BPI and billet outputs for Q3, finished output down slightly

Ukraine’s ArcelorMittal Kryvyi Rih posts increased outputs for January

ArcelorMittal Kryvyi Rih’s capacity usage at 25-40% in 2023 due to impact of war

Ukraine’s Metinvest sees lower pig iron and crude steel outputs in Jan-Sept

Ukraine’s Metinvest sees fall in pig iron and crude steel output in 2022

Ukraine’s Metinvest sees 65% fall in pig iron output in Jan-Sept

Metinvest’s pig iron output down 48.8% in H1 amid lower output at Mariupol plants

ArcelorMittal Kryvyi Rih sees 10.9% rise in pig iron output in January-May

ArcelorMittal Kryvyi Rih focused on pig iron production in Q1

Metinvest’s Ilyich sees higher production results in Jan-Feb