Steel mill ArcelorMittal Kryvyi Rih plans for 2018-2020, to invest in about $1 billion. this was stated by Girish Sardana, Deputy General Director of the enterprise supply, according to UAprom.

“In three years we plan to invest about $1 billion,” he said.

According to him, in metallurgical production of AMKR is planning to build two machines for continuous casting of workpieces, upgrade light section mill, to build a new sinter plant, upgrade oxygen unit.

“With regard to the mining Department, it is planned to remodel the tailings. We will need a new crushing plant, we will reconstruct the concentrator,” – said a top Manager.

As added in the press service of the company, to implement its investment programme AMKR pariruet to expand the base of suppliers and contractors in Ukraine.

This year AMKR collaborated with more than 1.7 thousand companies. “Only for the construction works has recruited some 200 organizations numbering more than 20 thousand people. For the provision of services and supply of materials and equipment for the metallurgical giant has paid contractors 38 billion UAH”, – is told in the message.

“Arselormitall is the largest foreign investor in Ukraine. For 12 years the level of our investments increased to $4,38 billion, not including the acquisition of the asset in the course of privatization”, – said the General Director arselormitall Krivoy Rog Kalon he is a mechanical engineer.

Earlier it was reported that AMKR has invested $150 million in the reconstruction of the sintering plant.

AMKR invests in $1 billion in three years 18.12.2017

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