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Its oblast economy is the third-largest in Ukraine.
The city was founded in the 18th century by Zaporozhian Cossacks.
The city also gave rise to the foundation of Kryvyi Rih National University.
Financially, the city's growth after the Nazi occupation increased due to economic reforms.
As of 2016 Kryvyi Rih is arguably the main steel-industry city of Eastern Europe, being a large globally important centre of the iron-ore mining and metallurgy region – the Kryvbas.Ukrainian national liberation movement in Krivoy Rog was organized by marching groups OUN.The answer came in the ethnic cleansing of Ukrainians as well as large-scale holocaust.In 1770 and four years later Johann Anton Güldenstädt visited the area and made its first scientific description.On May 8, 1775, after the end of the Russian-Turkish War, Russian authorities opened a postal station and track which linked Kremenchuk, Kinburn foreland and Ochakov, all locations of the Imperial Russian Army. Kryvyi Rih entered the 1800s as a village, running 505 km.