Lakshmi Mittal, chairman of ArcelorMittal, told President Zelenskiy yesterday that his Ukraine unit is launching a ‘Steel Billion’ program, a nearly $1 billion investment

to bring the steel maker in compliance with EU ‘green steel’ rules, according to the president’s website. By the end of 2023, ArcelorMittal Kryvyi Rih, Ukraine’s largest integrated steel company, plans to complete the modernization of its coke-chemical, sinter and blast-furnace production, Mittal said. Zelenskiy, a native of Kryvyi Rih, said: “Investments in the Ukrainian economy and the environment are a positive signal for all investors.”

Post navigation
Previous post

Ukrainian companies are interested in contracts to rebuild areas in Azerbaijan damaged during the war last fall in Nagorno Karabakh

Next post

Arcelor Launches $1 billion Investment in ‘Green Steel’ … Investors Split Over War Odds … Zelenskiy Meets Macron in Paris Tomorrow … Kyiv’s Corona Lockdown Extended to April 30