Ukraine: AMKR given cure period

The State Geology Service has given ArcelorMittal Kriviy Rih time till March 3, to redress violation of mineral legislation as to the usage of minerals at Novokrivorozhskoye deposits.

Ukraine: AMKR named the leading exporter

ArcelorMittal Kriviy Rih, the largest mining and metallurgical company of Ukraine, became the leader of the exporters. The rating was compiled by Forbes Ukraine on the basis of H1 2015 results.

Ukraine: AM interested in using Odessa ports

ArcelorMittal is interested in using Odessa region ports to transport cargo to its European works.

Ukraine: AMKR local sales down in 2015

In 2015 ArcelorMittal Kriviy Rih decreased metal sales in Ukraine to 0.5 million tons.

Ukraine: AMKR dismisses board member

ArcelorMittal Kriviy Rih has dismissed Simon Francis Evans from his office of the supervisory board member.

Ukraine: AMKR output down in 2015

In 2015 ArcelorMittal Kriviy Rih produced 5.28 million tons of rolled metal, down by 4.3% YoY.

Ukraine: AMKR to decrease output due to railroad tariffs rise

For the first time ArcelorMittal Kriviy Rih will not be able to fulfill its obligations to the state and its employees because of the increase of the Ukrzaliznytsia tariffs.

Ukraine: AMKR employees to sue their management

Soon ArcelorMittal Kriviy Rih employees will file a suit against massive firings in the repair shop.

Ukraine: AMKR CEO becomes a member of the EBA

Paramjit Kahlon, the ArcelorMittal Kriviy Rih CEO, has been elected a member of the European Business Association.

Ukraine: Kharkiv fulfills AMKR 1 million-euro order

Kharkiv Works of Material-Handling Equipment has supplied a claw crane to ArcelorMittal Kriviy Rih.

Ukraine: Dniepropetrovsk earns 23 billion UAH

In September industrial companies of the Dniepropetrovsk region earned 23.5 billion UAH.

Ukraine: AMKR trade union demanding to stop firing people

ArcelorMittal Kriviy Rih primary organization of the metal and mining trade union demands from the company CEO Paramjit Kahlon to stop decreasing the employee number.

Ukraine: AMKR manager not to chair Ukrpost

The Ministry of infrastructure has held a meeting of the competitive examination for the office of the general manager of the Ukrainian state postal service enterprise “Ukrpochta”.

Ukraine: AMKR to invest $1.2 billion in development

In 2016-2020 ArcelorMittal Kriviy Rih plans to invest $1.2 billion in its development.

Ukraine: AMKR confirms interest in Oktyabrsk port privatization

ArcelorMittal Kirviy Rih has confirmed its interest in using the quay of the special seaport Oktyabrsk in Nikolaev for loading of its products.

Ukraine: AMKR to buy gas from Naftogaz under favorable conditions

ArcelorMittal Kriviy Rih CEO Paramjit Kahlon said the company was willing to buy natural gas from Naftogaz if it offered more favorable terms.

Ukraine: AMKR exports less than 1% of its products to Russia

ArcelorMittal Kriviy Rih sells less than 1% of its products on the Russian market.

Ukraine: AMKR in the red for 11 months

ArcelorMittal Kriviy Rih has been working with losses for the past 11 months because of selling most of its metal products cheaper than the prime cost.

Ukraine: AMKR to keep traditional sales markets

ArcelorMittal Kriviy Rih wants to keep its traditional markets – it tries to retain its share on the local market, while increasing its presence on the European and Gulf markets, as well as seeking new ones.

Ukraine: AMKR experiencing scrap difficulties

ArcelorMittal Kriviy Rih is experiencing difficulties with ferrous metal scrap supplies.

Ukraine: AMKR to raise wages

Starting with October 1, ArcelorMittal Kriviy Rih increases wages and tariffs for its employees by 8%.

Ukraine: a lawsuit gave out news about AMKR deal

In December 2014 the supervisory board of ArcelorMittal Kriviy Rih sanctioned two volume-identical contracts with ArcelorMittal International Luxembourg SA. Each presupposed the sale of 1.2 million tons of metal products worth 600 million UAH. Thus the total cost of the deal reached 1.2 billion UAH.

Ukraine: ISD and AMKR to suffer from sanctions

The Industrial Union of Donbass corporation (ISD) and ArcelorMittal Kriviy Rig are the major clients of the railroad First Cargo Company in Ukraine, affected by sanctions.

Ukraine: AMKR, Azovstal and DMKD get the most of VAT back in August 2015

In August the major VAT-reimbursement receiver among the mining-metallurgical companies was ArcelorMittal Kriviy Rih with 535.1 million UAH.

Ukraine: ArcelorMittal Kriviy Rih to invest in the port industry

On August 13, Kyiv hosted a ceremony of signing a Memorandum of intent of a leading steel enterprise ArcelorMittal Kriviy Rih to participate in operation and infrastructure development of the Oktyabrsk Specialized Sea Port in Mykolayiv.

Ukraine: AMKR management visited Georgia

Management of ArcelorMittal Kriviy Rih met metal consumers in Tbilisi, Georgia.