AMKR to slowly restart rolling mills amid post-attack water shortage; market expects minimal impact

ArcelorMittal Kryvyi Rih (AMKR) is planning to restart long steel production in the upcoming days, but output will be limited by water shortage, the company’s top managers said during the online discussion “Explosion at Kakhovska HPP: consequences for business” organized by the European Business Association on Thursday June 15.

No major impact on long steel and pig iron markets is expected, sources told to Fastmarkets.

“Gradual restart of rolling equipment will depend on water supply, although production volumes will...

Published

Vlada Novokreshchenova

Marina Shulga

Julia Bolotova

June 15, 2023

14:54 GMT

Brussels; Dnipro, Ukraine