ArcelorMittal Kryvyi Rih hot-testing section mill rebuilt to cut costs, expand portfolio

Ukraine’s largest producer of long steel, ArcelorMittal Kryvyi Rih, is performing hot tests of its rebuilt light section mill 250-4, the company announced late last week. Once complete, the reconstruction will help the company to cut production costs and expand its portfolio.

After reconstruction work costing $50 million, the mill’s capacity for rebar production will increase to 1.04 million tonnes per year from 800,000 tpy, according to a company statement published on Thursday October 3. At the same time, the mill will reduce its utilization of energy. “Owing to the gradual reconstruction of steelmaking and rolling facilities, Arcelor Mittal Kryvyi Rih will be able to increase its production of rebar from cast billet,” the company said. “This will...

Published

Vlada Novokreshchenova

October 09, 2019

10:41 GMT

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