Dam Rupture Complicates Steel Production In Ukraine ...Middle East

OILPRICE - Economy
Dam Rupture Complicates Steel Production In Ukraine
source : OILPRICE ( Middle East ) () 33
Via AG Metal Miner Ukrainian steelmaker and longs producer ArcelorMittal Kriviy Rih (AMKR) recently stopped steelmaking and rolling operations. A spokesman for the company told MetalMiner that the halt stems from a rupture of the Kakhovska Hydropower Plant’s dam after a suspected Russian operation. So far, there is no consensus on how this might affect steel prices. The source added that concerns over water consumption prompted the plant to stop production on June 6, the same day the incident occurred. “Production…

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