ArcelorMittal Kryvyi Rih prepares to modernize BF No9, capacity to rise by 36%

Ukraine's ArcelorMittal Kryvyi Rih has begun modernization of its blast furnace (BF) No9. The BF has a current capacity of 3.7 million tonnes per year of hot metal but the reconstruction will increase capacity by 35.7%, to 4.5 million tpy, sources told Fastmarkets.

The BF modernization aims to optimize raw materials consumption.
The works should be finalized by the end of 2023. Total investment in the project is estimated to be $270 million.

"Pulverized coal fuel will be used instead of expensive natural gas. The total consumption of fuel - gas, coal and coke - will decrease so the prime...

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