ArcelorMittal Kryvyi Rih may reduce to $250-mln investment Journal Staff Report
ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) will review the investment plan for Ukraine, which provided for about $500 million a year for the next five years, but intends to leave investments at $250 million, ArcelorMittal Kryvyi Rih CEO Mauro Longobardo has said. "We had a very appetizing investment plan – about $500 million a year for the next five years. Now we are reviewing it, but we will have almost $250 million of capital investments left, and they did not stop," he said at the Global Outlook: Economic Frontline hosted by the EBA on Tuesday.
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