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ArcelorMittal Krivoy Rog fights energy costs and CBAM exposure

ArcelorMittal Krivoy Rog fights energy costs and CBAM exposure

Mauro Longobardo, CEO of ArcelorMittal Kryvyi Rih (AMKR), the Ukrainian subsidiary of the global metallurgical concern ArcelorMittal, said in an interview with the Ukrainian news agency Interfax-Ukraine that the company's mining division is currently operating at about 75 percent of full capacity.

This corresponds to approximately 7.5 million tons of iron ore concentrate per year, which is enough to support the company's own metallurgical production, as well as export supplies to other ArcelorMittal subsidiaries in Europe and China. Before the war, the site's capacity was approximately 1 million tons per year. месяц.

According to Longobardo, the steelmaking division currently operates two blast furnaces. However, production has been repeatedly interrupted due to power shortages and power outages as a result of missile and drone attacks on Ukraine's energy infrastructure.

The supply of raw materials is stable, but logistics is facing difficulties. перебоями

As for raw materials, the company reported that supplies remain stable. Coking coal is imported from suppliers in Australia and the United States through the ports of Yuzhny and Odessa and processed into coke at the company's own facilities.

However, attacks on the port infrastructure have led to delays in unloading ships. Limestone supplies from the Borislavskoye deposit in the Kherson region continue, although consumption is lower than before the war due to lower steel production.

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