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Arcelor Mittal Kryviy Rih Announces Four-Year, USD 2 bln CapEx Plans

Arcelor Mittal Kryviy Rih Announces Four-Year, USD 2 bln CapEx Plans

30 August 2008

Arcelor Mittal Kryviy Rih (KSTL: U/R) disclosed plans to invest USD 2 bln over four years into modernization and development, according to RBK Ukraine. The plant’s goals include replacing outdated open-hearth furnaces with new converters and construct additional rolling facilities for flat metal products.

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