ArcelorMittal Kriviy Rih supports the imposition of a ferrous scrap export ban until the end of 2023. According to the company CEO Mauro Longobardo, the main buyers of Ukrainian scrap are Turkish metal plants. Using cheaper raw materials from Ukraine they later create competition for Ukrainian companies on their own market. “Scrap goes to Turkey,…
ArcelorMittal Kriviy Rih begins a complex reconstruction of its blast furnace No. 9 valued at $270 million. Following the reconstruction the blast furnace will reduce dust emission. Now the furnace produces 9200 tons of pig iron per day. After reconstruction it will use not only sinter but also pellets as raw materials. Pig iron output…
In January-May, ArcelorMittal Kriviy Rih decreased rolled metal production by 2.6% YoY, to 1.92 million tons. Steel output grew by 1.4%, to 2.03 million tons, pig iron – by 10.9%, to 2.32 thousand tons, and sinter – by 7.1%, to 4.07 million tons. In May, AMKR produced 400 thousand tons of rolled metal, 430 thousand…
Employees of ArcelorMittal Kriviy Rih have organized a strike demanding increase in salary and improvement of labor conditions. In particular, they want their wages to be increased by 30%. If the management does not agree with them, they could resort to more radical actions, for example an Italian strike. Earlier, AMKR reported that from May…
The Court of Appeal considered the appeal against the decision of the Dnipropetrovsk District Administrative Court, which had previously confirmed validity of EIA, issued by the Ministry of Environmental Protection and Natural Resources of Ukraine for the construction of a new dump in Kryvyi Rih, and made a conclusion that land plots on which the…
Representatives of 11 trade unions operating at ArcelorMittal Kryvyi Rih met with CEO Mauro Longobardo and HR director Yuliya Chermazovich to discuss the planned salary raise, coming into effect on May 1. CFO Sergey Plichko and Chief Legal, GR and PR officer Artem Filipyev also participated in the talks. “We fully share the unions’ desire…
ArcelorMittal Kryvyi Rih is deeply concerned with the misleading statements by SBU Head Ivan Bakanov regarding the company’s tax payments. The company has already provided the full and correct information to Bakanov in a letter, citing the tax and duties payments made over the past six years. The management of ArcelorMittal Kryvyi Rih hopes that…
ArcelorMittal Kryvyi Rih, the biggest mining and steel plant in Ukraine, will all its employees a bonus based on the results of work in the previous year. The so-called “13th salary” will be paid in full on March 11. Besides, in 2021, the company’s management is considering the possibility of differentiated increase of salaries of…