ArcelorMittal Kryvyi Rih moves to cold shutdown of production due to war threats

The metallurgical enterprise ArcelorMittal Kryvyi Rih has officially initiated the procedure for conserving its production capacities. These decisions were made against the backdrop of missile strikes that led to the suspension of the plant's operations. The facility is currently being transitioned to a so-called "cold shutdown" mode.

Inability to guarantee safety

The company's management explained that, under current conditions of ongoing hostilities, production operations are unsafe. Management emphasised that safe operations are impossible as long as the war continues.

«За нашою поточною оцінкою, безпечна робота неможлива, поки триває війна. Після її завершення, коли умови це дозволять, ми розпочнемо діалог з урядом України та повторно оцінимо, чи можна безпечно й стабільно відновити роботу» (According to our current assessment, safe operations are impossible as long as the war continues. After its conclusion, when conditions permit, we will initiate dialogue with the Government of Ukraine and reassess whether operations can be safely and stably resumed), the company stated.

Thus, the decision to conserve production is a temporary measure related to wartime circumstances. After the war ends, the company will initiate dialogue with the Government of Ukraine and reassess the possibility of safely and stably resuming operations.