Ukraine: AMKR fires Chugh

On July 15, ArcelorMittal Kriviy Rih dismissed Davinder Chugh from the office of the supervisory board member.

According to the company statement, Chugh has been in this office for 2 years and has resigned. (Ukrainian metal)

Ukraine: AMKR to shut down BF, coking batteries and sinter shop

ArcelorMittal Kriviy Rih will shut down one of its blast furnaces; two coking batteries and a sintering shop because they don’t correspond to the environmental directives of EU according to BAT. “Ukraine has no BAT norms as yet, but AMKR European companies have already switched to them”, said the company environmental director Liana Maksimenko. AMKR…

Ukraine: Dniepropetrovsk region metal companies decreasing pollution

Dniepropetrovsk region has started implementing a new environment program, aimed at decreasing air pollution and improving water quality. Industrial companies of the region will invest over 26 billion UAH into modernization in the nearest decade. This year they have already invested 300 million UAH, with major project underway at Dneprovsky Iron and Steel Works, ArcelorMittal…

Ukraine: AMKR issues Sustainable Development Report 2015

ArcelorMittal Kriviy Rih has issued Sustainable Development Report 2015. The non-financial report demonstrates the results of the company activity in the sphere of 10 goals of sustainable development: health and safety, products and infrastructure, resources and wastes; air, land and water; energy; supply chains; talented scientists and engineers; development of local communities and the contribution of the…

Ukraine: AMKR gives away its functions

ArcelorMittal Kriviy Rih has created a private company Steel Service to provide auxiliary services to manufacturing processes of the company. “Steel Service will provide high quality service to AMKR from the single center. We can take any auxiliary function and develop it, increasing its quality and implementing innovations”, said the company director Irina Footrook. (Ukrainian…

Ukraine: AMKR dismisses Rybachuk

ArcelorMIttal Kriviy Rih has dismissed three members of the supervisory board ahead of time. Among them is the ex-head of the President Secretariat Oleg Rybachuk. According to the company statement, Frantisek Chowaniec and Gerhard Renz have also been dismissed. At the same time ArcelorMittal Berislav has dismissed Wilhelmer Michael from the office of the supervisory…

Ukraine: AMKR elects supervisory chairman

Supervisory board of ArcelorMittal Kriviy Rih has elected Davinder Chugh its chairman.

Chugh worked as the AM board member responsible for Asia, Africa and CIS. He has been appointed for an indefinite time. (Ukrainian metal)

Ukraine: AMKR starts producing square rebars

ArcelorMittal Kriviy Rih started producing a new type of metal products according to NAN – die-rolled section No. 10 rebar with square core. In the near future the company plans to start producing such rebars of No. 8 and 12 sections.

AMKR wire shop has already produced 1 thousand tons of square rebars. (Ukrainian metal)

Ukraine: AMKR and Metinvest among world largest metal companies

In 2015 three Ukrainian companies entered the list of world’s largest metal companies. The first place, as in 2014 held ArcelorMittal, owner of ArcelorMittal Kriviy Rih. Last year the corporation produced almost 100 million tons of steel. Evraz Group dropped from 22 to 25 with 14.35 million tons of steel. The group owns Evraz Dneprovsky…

Ukraine: AMKR to shut down open-hearth manufacture

ArcelorMittal Kriviy Rih intends to shut down its open-hearth manufacture when it completes its project of gas-purifying machine assembly at the converter shop. “The operation of the open-hearth furnace was closely connected with the gas-purifying machine project in the converter shop. The sooner we finish the project, the sooner we will close the open-hearth manufacture”,…

Ukraine: AMKR expecting financial results increase

In 2016 ArcelorMittal Kriviy Rih expects to see substantial financial results increase.

“The price situation is improving, we can feel it. If there are no surprises, I’m sure 2016 will be much better than 2015”, said the company CEO Paramjit Kahlon.

AMKR also intends to increase output by 7% YoY. (Ukrainian metal)

Ukraine: AMKR held international blast furnace operators conference

On May 12, ArcelorMittal Kryviy Rih hosted the international scientific-production conference of blast furnace operators “PCI in Blast Furnace Process: commissioning experience and solving issues”. The representatives of major steel companies, unions and holdings of Ukraine as well as representatives of Ukrainian and international companies and scientific-project organizations took part in it. The participants of…

Ukraine: AMKR to produce 6.9 million tons of steel in 2016

In 2016 ArcelorMittal Kriviy Rih intends to produce 6.9 million tons of steel.

According to the company CEO Paramjit Kahlon, it also plans to manufacture 5.8-5.9 million tons of pig iron.

In 2015 AMKR received 1.38 billion UAH of net profits. (Ukrainian metal)

Ukraine: AMKR invests $200 million into development

In 2015 ArcelorMittal Kriviy Rih invested over $200 million into development. “If we take the highly unstable exchange rate into account, then we have invested more that $200 million”, said the company CEO Paramjit Kahlon. According to him the works has finished the construction the pulverized coal injection complex at its #9 blast furnace, overhaul…

Ukraine: AMKR to resume shipping to Russia

ArcelorMittal Kriviy Rih has completely stopped delivering its metal to Russia, as it’s economically inexpedient, but could resume the shipping provided the price increases. “We don’t sell much in Russia. But we could possibly resume our sales there”, said the company CEO Paramjit Kahlon. According to him, the market started to revive and metal prices…