ArcelorMittal Kryvyi Rih - update on searches by the Security Service of Ukraine

ArcelorMittal Kryvyi Rih reported that as a result of a search in the investigation department of the Security Service of Ukraine in the Dnipropetrovsk region on July 20, a continuous casting machine No. 3 and some pieces of equipment were seized. On July 20, 18 employees of the Security Service of Ukraine, a specialist of the State Emergency Service and the Central Inspectorate for Nuclear and Radiation Safety, were allowed to search for a continuous casting machine on the territory of ArcelorMittal Kryvyi Rih. No. 3. The inspection team entered the company at 10 am on July 20 and left the company at three in the morning on July 21.

The search and investigative actions lasted more than 14 hours. All this time, employees of ArcelorMittal Kryvyi Rih were forced to accompany representatives of the Security Service of Ukraine and provide documents and comments upon request. Such actions may legally be considered a violation of the procedural form.

Artem Filipev, Chief Legal Officer of ArcelorMittal Kryvyi Rih, said: “It is currently unknown how long it will take to check the continuous casting machine-3 and documents of the Security Service of Ukraine and how events will develop. Due to the large size of the facility, UBS employees decided to leave the seized at the site of their actual location without the possibility of sealing. At the same time, the facility has no means of restricting the access of unauthorized persons. Thus, ArcelorMittal Kryvyi Rih is unable to continue construction, modernization, plan production and conclude contracts for the supply of semi-finished products to customers. The project is frozen. Employees of ArcelorMittal Kryvyi Rih and contractors will not be able to carry out further work at this facility. "