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ArcelorMittal Kryvyi Rih Update on Modernization

Steel News - Published on Wed, 13 Nov 2019

Image Source: SG
Despite reduced cash flow, ArcelorMittal Kryvyi Rih has maintained a high rate of investment in modernization during January to September 2019. It spent USD 282 million in 9 months and expects the investments to touch USD 390 million in 2019. Some of the main projects include reconstruction of small grade mill No 250-4, continuous billet casting machine No 2 & 3, reconstruction of the second sinter plant and an electric blower manufactured. For its mining department, ArcelorMittal Kryvyi Rih continues to acquire large-sized mining equipment for ore mining and transportation, new equipment for crushing and concentration plants, as well as mines.

The company plans to complete its key projects this year and start new ones including the reconstruction of the first block of the converter shop converters No 1-3, the modernization of the largest blast furnace No 9, the construction of a pelletizing plant

Source :

Posted By : Amom Remju on Wed, 13 Nov 2019
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