ArcelorMittal Kryvyi Rih plans to export 450,000 tons of concentrate in May

Before the war, the ArcelorMittal Kryvyi Rih mining and processing complex produced raw materials mainly for its own steel production and exported only 20% of iron ore concentrate. Now the company exports more than 80% of its iron ore products. According to the general plan, in May it is planned to ship 450 thousand tons of concentrate for export, of which 100 thousand tons will be shipped through the new loading unit, ArcelorMittal Kryvyi Rih official statement reads.

The shutdown of most facilities in February-March forced Ukrainian steelmakers to refocus on the production and export of iron ore products.

The increase of iron ore concentrate production and the rapid renewal of ArcelorMittal mining equipment allowed a record volume of these products exported in early May.

According to the report, despite constant air raids and shelling in the Ingulets area, the plant reconstructed the concentrate loading unit at the ore beneficiation plant №1 in just three weeks. Here Ukrzaliznytsia loads the products for further transportation to customers. The expected productivity of this unit is up to 100 rail cars per day. The company has invested over UAH 10 million in the loading unit modernization.

“The launch of a new loading unit at the ore beneficiation plant №1 will let our mining department to send 50% more concentrate to Europe than before the war at this difficult time for the country. This is important both for the company and for the economy of Ukraine,” said Volodymyr Tesliuk, Deputy General Director for Production (Mining Department) of ArcelorMittal Kryvyi Rih.

The concentrate is shipped for export by three loading units of two ArcelorMittal Kryvyi Rih ore concentrators. Their productivity averages up to 300 cars per day.

Earlier GMK Center reported that ArcelorMittal Kryvyi Rih has previously started negotiations with the Polish government on the setting of facilities in the Baltic Sea ports needed to transport metal products.

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Published by
Yuriy Grigorenko
Tags: iron ore concentrate ArcelorMittal Kryvyi Rih ArcelorMittal Ingulets GOK
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