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Ukraine says ArcelorMittal to invest $1 bln to cut pollution

By Reuters Staff 2 Min Read KYIV, April 14 (Reuters) - ArcelorMittal will invest around $1 billion in upgrading its steel facilities in Ukraine to reduce pollution, Ukrainian President Volodymyr Zelenskiy was quoted as saying on Wednesday. “As the largest foreign investor in Ukraine . the company will launch a ‘Steel Billion’ investment programme in our country, providing for an investment of almost one billion dollars in the eco-modernisation of steel production in Kryvyi Rih,” Zelenskiy’s press service quoted him as saying. During a meeting with ArcelorMittal boss Lakshmi Mittal in Kyiv, Zelenskiy stressed the urgent need to complete the modernisation of sinter, blast furnace and coke facilities, which are the biggest polluters.

Zelensky, Lakshmi Mittal discuss development of green metallurgy

Zelensky, Lakshmi Mittal discuss development of green metallurgy 1 min read President of Ukraine Volodymyr Zelensky met with ArcelorMittal Chairman and CEO Lakshmi Mittal, where the sides discussed the development of green metallurgy and increased investment in Ukraine, taking into account environmental characteristics due to international standards. According to the presidential press service on Wednesday, the company, as the largest foreign investor in Ukraine and one of the largest steel producers in the world, will launch the Steel Billion investment program in our country, which provides for investments of almost $1 billion in the ecological modernization of steel production in Kryvy Rih.

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