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09 Aug

AMKR reduces steel production, eyes output increase

ArcelorMittal Kryvyi Rih (AMKR) decreased crude steel output in the first half of the year, according to chief executive Mauro Longobard. In January-June, the plant produced 390,000 tonnes, down by 57% on-year, the company confirms to Kallanish. “In mid-June of this year, due to problems with the provision of technical water after the Russians undermined the dam of the Kakhovskaya hydroelectric power station, the steel plant reduced production to 15-20% of …
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