10,025.05 TRY BIST 100 BIST 100
4.92 CNY CNY CNY
35.62 USD USD USD
36.90 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
38.60 TRY Interest Interest
79.77 USD Fossil Oil Fossil Oil
30.52 USD Silver Silver
4.28 USD Copper Copper
104.31 USD Iron Ore Iron Ore
350.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,120.62 TRY Gold (gr) Gold (gr)

ArcelorMittal Kryvyi Rih's billet production reaches 16 million tons

ArcelorMittal Kryvyi Rih, one of Ukraine's most important companies, reported that it has produced 16 million tons of steel billets since it commissioned its first continuous caster machine (CCM) 13 years ago.

ArcelorMittal Kryvyi Rih's billet production reaches 16 million tons

Oleksandr Lukyanov, deputy head of the continuous steel casting converter workshop, said that the continuous steel casting department continues to work, develop and improve despite the difficulties caused by the war. “There are many problems,” Oleksandr Lukyanov continued - including interruptions in electricity supply, a significant deterioration in the quality of water widely used in technological processes, the loss of suppliers of ferroalloys and other necessary materials, the lack of qualified specialists, problems with the supply of spare parts, and so on.

Oleksandr noted that all this set of problems can be solved only through the coordinated work and general mobilization of efforts of the team, which, in addition to metallurgists, includes power engineers, transport workers, process automation department specialists, production and technical department employees and others. Of course, production figures are much lower than before February 2022. But this year, the department's employees have already produced one million tons of billets.

There are plans for the future too. “We are planning to overhaul the first CCM,” Oleksandr Lukyanov continues: “We are introducing a technology that will allow us to produce 160x160 mm billets as well as 150x150 mm billets, which is very important to meet the needs of our customers.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Türkiye's imported scrap deals have gained upward momentum

Wednesday, January 22, 2025

Annual reporting requirements for scrap metal companies in Russia

Wednesday, January 22, 2025

Trump's tariff on China!

Wednesday, January 22, 2025

Keyvan advocates for FATF membership to enhance financial security and international trade

Monday, January 20, 2025

Huta Czestochowa officially starts production

Tuesday, January 21, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now