12:23 19.12.2017

ArcelorMittal Kryvyi Rih seeking logistics company to deliver metal to ports, iron ore to Europe

1 min read
ArcelorMittal Kryvyi Rih seeking logistics company to deliver metal to ports, iron ore to Europe

 PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) is experiencing significant difficulties in transporting 5 million tonnes of steel products from the enterprise to the Black Sea ports of Ukraine and delivering 2.5-3 million tonnes of iron ore concentrate to consumers in Eastern Europe, company CEO Paramjit Kahlon has stated.

"One of the biggest problems at the moment is logistics," the top manager stated at a conference with suppliers in Kyiv.

According to him, the reason for this situation is a shortage of wagons of Ukrzaliznytsia, as well as private companies.

At the same time, he noted that 3,000 wagons with locomotives are required to ship 5 million tonnes of steel products to the Black Sea ports – Mykolaiv and Yuzhny, as well as iron ore deliveries to Europe.

"We invite logistics companies to cooperate," the top manager said, without specifying whether ArcelorMittal Kryvyi Rih plans to create its own logistics division at the enterprise.

ArcelorMittal owns the largest mining and metallurgical plant in Ukraine, ArcelorMittal Kryvy Rih, and a number of small companies, in particular, PJSC ArcelorMittal Berislav.

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