ArcelorMittal Kryvyi Rih switches to reduced working hours. This is stated in the address of the CEO of the company, Maoro Longobardo, published on the company's website..

The vast majority of the team, including top management and foreign workers, will work for 2/3 of the load.

The leader called the war the reason: the longer the hostilities continue, the more difficult it is for Ukrainian enterprises to survive.

Due to the blocking of the Black Sea ports by the aggressor, the enterprise had difficulties with the export of products. Costs for the delivery of pig iron and iron ore concentrate increased five times. However, Ukrzaliznytsya, to which the plant now transports products, cannot cope with the huge volume of rail freight from Ukraine.. The same applies to European railway companies..

As a result, the export volumes of the enterprise are forced to decrease, the products remain in warehouses in Ukraine.

“In addition, the government decided to increase the tariffs of Ukrzaliznytsia by 70%.. This makes the already high shipping costs unbearable for us.. The question of the survival of our enterprise has never been so acute.

We are forced to drastically cut our spending across the board.”.

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Mauro Longobardo assured that the company is doing everything possible to make ArcelorMittal Kryvyi Rih a part of Ukraine's great victory in these extremely difficult conditions..

A month ago, on June 6, the head of the Dnepropetrovsk regional military administration, Valentin Reznichenko, reported that ArcelorMittal Kryvyi Rih was resuming continuous production, which stopped in March due to the war.