Steelmakers in Ukraine were continuing operations and shipments as normal on Wednesday November 28, despite the country imposing martial law at 9am local time after the latest military clash with Russia.
ArcelorMittal Kryvyi Rih and Metinvest were the steelmakers most likely to be affected by the dispute, which centered on the seizure by Russia of Ukrainian ships in the Kerch Strait, which links the Sea of Azov to the Black Sea."ArcelorMittal Kryvyi Rih continues to operate normally. All our production processes are stable," Yuriy Martynyuk, general counsel at ArcelorMittal Kryvyi Rih, told Fastmarkets."Railroad and road services are performing regularly, as is the Nikmet cargo terminal at the Mykolaiv commercial seaport [on the Black Sea], from which the company ships the majority of its products to foreign customers," he added."ArcelorMittal Kryvyi Rih does not ship its steel products from Mariupol or Berdyansk [on the Sea of Azov]," he said.ArcelorMittal Kryvyi Rih is Ukraine's largest...