The Kryvyi Rih Mining and Metallurgical Combine of PJSC ArcelorMittal Kryvyi Rih (AMKR, Dnipropetrovsk region) was quite successful in selling metal products on the EU market in 2025, but now it is reducing production and operating at a loss due to SWAMS and electricity shortages. Oleg Krikovsky, during the event "How do the shelling of the energy system affect business?" organized by the Center for Economic Strategy (CES), the company is helped to operate and maintain the fact that it is part of a large multinational company.
"We were helped by the fact that we received more than $1 billion in aid for an average of 50% of our capabilities. We were quite successful in the EU market last year, thanks in part to the government's actions, because we reached a good agreement with the European Union to extend duty-free trade for another three years. Bluming," said the top manager.
At the same time, he clarified that AMKR is at a disadvantage compared to European manufacturers within the framework of SWAM, because it will have to pay $63-90/ton, depending on the type of product. There are also high tariffs on e/e, and e/e import contracts are very short.
"We had several cases when we could not contain the volume of e/e consumption and our trader sold it on the market for 0 UAH. Not only did we buy, we did not receive, we were forced to reduce production, we received direct losses," the company explained.
Answering a question about equipment arrivals, Krikovsky noted that the equipment works during alarms. But there are losses due to emergencies, and they are painful. The company normally consumes 400 MWh, but due to restrictions, we are currently consuming 230-250 MWh, and there may be limits of 70 MWh. You can't kick people out for five or seven hours without paying for their work. People at work receive wages, that is, they need to work," stated the representative of the AMKR. Burned down. A coke oven battery is essentially a chemical process, meaning it cannot be stopped. to run.
We are thinking about our own generation, about cogeneration. There is a limited resource, a limited potential. It's very expensive. But we are working on this at the same time, we have our own thermal power plants and we have technologies today that allow us to do this. But we have a large enterprise and needs large capacities," summed up the director of AMK0 c10 Kryvyi Rih, the largest producer of rolled steel in Ukraine. Specializes in the production of long-length rolled products, in particular rebar and wire rod. The company has a full production cycle, its production facilities are designed for the annual production of more than 6 million tons of steel, more than 5 million tons of rolled products and more than 5.5 million tons of cast iron.
Beryslav.
