ArcelorMittal Restarts Steelmaking Operations at Ukraine Plant
12 Avril 2022 - 03:56PM
Dow Jones News
By Ed Frankl
ArcelorMittal said Tuesday that it has decided to partially
restart steelmaking operations at its plant in Ukraine, having been
idled for more than a month.
The steel mill at Kryvyi Rih, one of Europe's largest with
around 26,000 workers, was closed in early March, soon after
Russia's invasion that crippled Ukraine's industry.
The Luxembourg-based company said it was asked by the Ukraine
government to consider restarting production at the plant as part
of efforts to begin rebuilding the country's economy.
"Having thoroughly assessed the situation in terms of the safety
of our employees as well as logistics, we have decided to restart
blast furnace 6, meaning that we can resume low levels of pig-iron
production," the company said in a statement.
There are three blast furnaces at Kryvyi Rih, located in
southern Ukraine, with furnace 6 one of two smaller ones. The
restart means around pig-iron production will be around 20% of the
plant's normal levels, an ArcelorMittal spokesman said.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
April 12, 2022 09:41 ET (13:41 GMT)
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