24 Nov 2022 18:18

ArcelorMittal Krivoi Rog suspends production

MOSCOW. Nov 24 (Interfax) - ArcelorMittal Krivoi Rog (AMKR), Ukraine's largest mining and metallurgical enterprise, has limited electricity consumption and suspended most production due to damage cause to the country's critical infrastructure.

Ukrainian media quoted a company statement as saying available electricity was insufficient even to main production at 20% capacity.

"AMKR has temporarily stopped steelmaking and the production of rolled products. Now only coking batteries Nos. 5 and 6 remain in operation. Two more coking batteries - Nos. 3 and 4, and blast furnace No. 6 are in hot conservation mode. Both open cast mines and the mining and beneficiation plant have been disconnected," the company said.

"The enterprise will resume normal operation as soon as specialists manage to restore Ukraine's energy infrastructure," the press release says.