ArcelorMittal Krivoy Rog, the Ukrainian subsidiary of ArcelorMittal headquartered in Luxembourg, announced the completion of the final production campaign at its thriving plant, a key step in the ongoing restructuring of the company's steel operations in Ukraine. The company said that all planned operations in the blooming shop were successfully completed, with the required volume of ingots produced ahead of schedule.
The plant produced approximately 150,000 tons of billets, creating sufficient inventory for further processing in downstream rolling operations. After stopping the blooming mill, the company will process these ingots into finished products, primarily rebar, using the remaining rolling mills.
As part of the next stage, ArcelorMittal Krivoy Rog will continue processing the accumulated stock of SP during 2026. After this stage, it is also expected that some rolling mills that rely solely on flowering mill capacity, particularly the No. 2 and No. 3 light section mills, will also be shut down. The company plans to consolidate rolled steel production into fewer mills in line with its updated production structure.
Transformation driven by CBAM and energy costs
The restructuring is being undertaken in response to several external pressures affecting the Ukrainian steel industry. According to the company, the key factor is the implementation of the EU Carbon Border Adjustment Mechanism
