ArcelorMittal Kryvyi Rih's Q1 steel output down 7% on Covid-19 effects

• Wednesday, April 15, 2020
• Source:ferro-alloys.com

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• Keywords:ArcelorMittal Kryvyi Rih, Q1 steel output, Covid-19 effects

[Ferro-Alloys.com] Steel output at ArcelorMittal Kryvyi Rih (AMKR) in Ukraine dropped by 7.14% year-on-year in the first quarter of 2020 on the negative effects of the Covid-19 pandemic.

 

The steelmaker produced 1.3 million tonnes of crude steel in January-March 2020.

 

At the same time, the volume of finished products totaled 1.2 million tonnes in the first quarter.

 

“Under the Covid-19 pandemic, we are striving to maintain production volumes, despite the difficulties faced by businesses worldwide in late February and March this year,” AMKR chief executive officer Mauro Longobardo said. (Fastmarket)

 

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