From October 1, ArcelorMittal Kriviy Rih is increasing wages by 10%. The decision was taken at the staff conference on October 22. Some employees will see their salary increase by 30%. Moreover, in December the so-called 14th salary will be paid in the amount of 50%. (Ukrainian metal)
On October 15, ArcelorMittal Kriviy Rih began reconstruction and repair of its blast furnace No. 9. The repair is expected to last for 45 to 50 days. The work done will help provide for the stable operation of the blast furnace until the modernization is completed in 2023. The cost of the BF9 modernization is…
ArcelorMittal Kriviy Rih has purchased two Shantui Construction Machinery front-end loaders. Investments amounted to 4.5 million UAH. The machines have already been delivered. In November, the company expects two bulldozers from the same manufacturer valued at 16 million UAH. (Ukrainian metal)
In January-August, ArcelorMittal Kriviy Rih increased pig iron output by 11.3% YoY, to 3.72 million tons. Rolled metal manufacture dropped by 0.2%, to 3.1 million tons, while steel grew by 4.1%, to 3.32 million tons. In August, AMKR produced 400 thousand tons of rolled metal, 415 thousand tons of steel and 440 thousand tons of…
In January-August, ArcelorMittal Kriviy Rih paid 9.3 billion UAH of taxes, up 2-fold YoY. In particular, 5.1 billion UAH was paid to the state budget and 1.2 billion UAH to the local budgets. Profit tax amounted to 3.7 billion UAH and rent for iron ore mining – 515 million UAH. In almost 16 years of…
In January-July, ArcelorMittal Kriviy Rih increased pig iron output by 11% YoY, to 3.28 million tons. Rolled metal manufacture decreased by 2%, to 2.7 million tons, while that of steel grew by 2.5%, to 2.9 million tons. In July, AMKR produced 400 thousand tons of rolled metal, 450 thousand tons of steel and 500 thousand…
In January-June, ArcelorMittal Kriviy Rih increased output by 7% YoY. The beginning of the year was complicated because of the growth of prices for cargo transportation and raw materials. Because of the increase in import duties, AMKR has reoriented its sales from Egypt, UAE and Saudi Arabia to Latin America and China. This year, the…
Sergey Lavrinenko, previously chief engineer (production support and repairs), was appointed to the position of chief operation officer of ArcelorMittal Kryvyi Rih. On this position, Sergey will be responsible for managing production processes and coordinating the activities of the structural divisions of the largest Ukrainian steel and mining plant. “Sergey’s engineering thinking and vast practical…