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ArcelorMittal Kryvyi Rih experiencing difficulties in supplying coking coal, starts purchases in Czech Republic
KYIV. Nov 8 (Interfax-Ukraine) – PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) is experiencing difficulties in supplying coking coals for coke production and preparation of pulverized coal for pulverized coal installations, but this did not affect the production of iron and steel.
Oleh Aiko, the head of the company energy procurement department, told Interfax-Ukraine that the company began purchasing coking coal in the Czech Republic without specifying their volumes.
"The situation is very difficult, but in general we are coping with supplies, and the situation with coal did not affect the production of pig iron and steel. For example, in November we began to buy coal from the Czech Republic, which will also allow us to diversify risks. We hope that from November, tensions in logistics will decline," he said.
Asked about the situation with coal supplies from Kazakhstan, including because of the accident at ArcelorMittal Temirtau, the head of the department noted that the accident at the mines happened yesterday.
"It is difficult to assess how much this will affect supplies for ArcelorMittal Kryvyi Rih," the top manager said.
Referring to the issue of providing the plant with electricity, some restrictions on supplies, as well as the situation with the supply of natural gas, Aiko pointed to a significant increase in prices for both electricity and gas.
"So far we see only the price influence. The day-ahead market price has more than doubled since July 2021. Based on the European TTF index, gas has risen in price by about 3 times since July, which affected the price in Ukraine. Of course, this situation affects all consumers of energy resources in Ukraine. There were no restrictions on supplies, and we hope it will not come to this. The market situation should motivate producers and suppliers of energy resources to provide consumers in the required volume," he added.
