ArcelorMittal Kriviy Rih metallurgical plant reduced its roll output by 10.4% YoY to 2.363 million tons in January to June 2011.Steel output dropped by 13.4% to 2.652 million tons in the six months, while pig iron output went down by 14.6% to 2.274 million tons.Roll output in June went down by 17.3% YoY, steel output…
ArcelorMittal’s Ukraine unit said steel production declined 26% in June from a year earlier as a blast furnace functioned erratically.Its output declined to 358,100 tons from 485,700 tons a year ago.Mr. Alexander Ioskov, who heads the production department at ArcelorMittal Kriviy Rih, said in an e-mailed statement that malfunctions at the blast furnace had been…
ArcelorMittal Kriviy Rih, the Ukrainian subsidiary of the Luxembourg-based steel giant ArcelorMittal, has started to install its continuous casting billet mill. The steelmaker announced the beginning of the construction of its new continuous casting complex one year ago. The complex is due to start production operations in September.The estimated capacity of the six strand billet…
In the January to May period of the current year the crude steel production of ArcelorMittal Kryvyi Rih, еру Ukrainian subsidiary of еру global steel giant ArcelorMittal, totaled 2.308 million tons, down by 11% YoY.In addition, in the first 5 months of the year, ArcelorMittal Kryvyi Rih registered a 9% decrease YoY in its finished…
Ukraine’s largest steelmaker, ArcelorMittal Kryviy Rih reduced output of crude steel by 10.2% YoY to 1.83 million tons in January through April down from 2.04 million tons produced a year ago.AMKR also reduced output of rolled steel by 9.8% YoY to 1.6 million tons, while production of pig iron dropped by 12.1% YoY to 1.57…
In the January to April period of the current year the crude steel production of ArcelorMittal Kryvyi Rih, the Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 1.838 million tons, down by 10% YoY. In addition, in the first 4 months of the year ArcelorMittal Kryvyi Rih registered a 12% decrease YoY in its finished…
It is reported that ArcelorMittal Kriviy Rih’s, the Ukraine-based subsidiary of the world’s largest integrated metals and mining company ArcelorMittal, operations in March were stable with output being at the same level as in the first two months of the year. However, the company steel outputs both in March and in Q1 registered decreases compared…
ArcelorMittal Kriviy Rih announced that in February it managed to halt the decline, seen in its production in January, caused by the stoppage of two sintering units for repair, as it completed the major overhaul of one of the units. Mr. Aleksandr Ioskov, acting COO of ArcelorMittal Kriviy Rih, said that “According to the results…
According to Mr. Rinat Starkov, CEO of ArcelorMittal Kriviy Rih, the company saw its net profit in 2010 increase to UAH 1.2 billion from a net loss of about UAH 120 million registered in 2009.Mr. Starkov said that the gross profit of the company in 2010 went up by 147% YoY to UAH 4.43 billion.…
It is reported that ArcelorMittal Kriviy Rih, the Ukraine-based subsidiary of the world’s largest integrated metals and mining company ArcelorMittal, has announced that due to technical issues, in January it saw a YoY decrease in output, producing 447,300 tons of crude steel, down by 16%, 389,900 tons of pig iron, down by 16%, and 422,200…
Ukraine’s largest steel mill, owned by ArcelorMittal, cut crude steel production to 450,000 tons last month from 534,000 in January 2010.ArcelorMittal Kriviy Rih reduced pig iron output by 16% to 389,000 tons and cut rolled steel production by 9.5% to 406,000 tons. In 2010 the mill boosted steel production to 6.13 million tons from 5.04 million…
Reuters reported that Ukraine No 1 steel mill, owned by ArcelorMittal, raised crude steel production in 2010 to 6.13 million tons from 5.04 million tons in 2009.Rolled steel production rose to 5.41 million tons last year from 4.50 million, while pig iron output rose to 5.32 million from 4.42 million a year earlier.Ukrainian industry officials…
It is reported that ArcelorMittal Kriviy Rih, the Ukraine-based subsidiary of the world’s largest integrated metals and mining company ArcelorMittal, announced that in November this year it continued to increase its production. Mr. Rinat Starkov, CEO of ArcelorMittal Kriviy Rih, said the company had started a major program for restructuring of its production processes to…
According to preliminary data, in January to October ArcelorMittal Kriviy Rih, a Ukraine-based subsidiary of the world largest integrated metals and mining company ArcelorMittal, saw its crude steel production increase by 26.8% YoY to 5.1 million tons.During the first ten months of the year ArcelorMittal Kriviy Rih produced: 4.453 million tons of finished steel, up…
It is reported that Ukraine increased its pig iron production by 4.1% to 2.339 million tons in October compared to September. This was reported by the source in the Cabinet of Ministers of Ukraine.In October ArcelorMittal Kriviy Rih increased pig iron production by 7.4% to 480,000 tons. Mariupol Ilyich Iron and Steel Works increased its…
ArcelorMittal Kriviy Rih rejected claims by the State Customs Service that it had attempted to smuggle coking coal by understating of its value and accused state bodies of being biased against the company.The works press service said that ArcelorMittal Kriviy Rih had submitted documents on the market value of coking coal to the State Customs…
ArcelorMittal Kriviy Rih has said that in September this it had managed to stabilize its production process and to solve problems regarding the operation of its sinter plant. Mr. Rinat Starkov, CEO of ArcelorMittal Kriviy Rih, said “The main steps to restore the operation of equipment have been implemented, and the process must be fully…
ArcelorMittal Kriviy Rih said that in August it registered MoM decreases in its outputs due to the shortage of sinter for pig iron production. Products July, t August, t January-August 2010, t January-August 2009, t Pig iron 419,400 404,000 3,487,200 2,865,100 Steel 492,400 462,400 4,018,600 3,256,700 Rolled steel products 416,100 476,200 3,527,800 2,961,600 Mr. Rinat…
Deformed reinforcing steel bars produced by ArcelorMittal Kryviy Rih, OJSC received a “Best domestic product 2010” title after scoring high points in all the criteria considered – high product quality sales both on domestic and on foreign markets, positive feedback from customers, rewards received at other contacts etc. The Best domestic product 2010 contest was…
Rusmet reported that Mr Arno Poupar Lafarge Executive Vice President of ArcelorMittal considers that no return of VAT to ArcelorMittal Kriviy Rih is a specific for Ukraine method of authorities to steal money from business. Mr Lafarge said “Our company is represented in many countries of the world and in some of them economic situation…
OJSC ArcelorMittal Kriviy Rih announced its July production results. Product types Jul’10 Jul’09 Jan-Jul’10 Jan-Jul’09 Pig iron 419.4 458.5 3,083.2 2,485.5 Steel 492.4 523.6 3,556.5 2,810.0 Rolled products 416.1 443.2 3,054.0 2,570.1 In thousand tonnes Mr V Vaideeswaran CFO of ArcelorMittal Kriviy Rih said “July production was stable with no major operational problems. As for…
Siemens VAI Metals Technologies will supply the ArcelorMittal Kriviy Rih in Ukraine with secondary metallurgical equipment, a six-strand billet caster and the requisite auxiliary systems. The order also includes a comprehensive service agreement under which Siemens VAI and DP Siemens Ukraine will provide services related to the local supply and service contracts for construction and…
It is reported that ArcelorMittal Kriviy Rih, Ukraine-based subsidiary of the world largest integrated metals and mining company ArcelorMittal, in June this year managed to keep its production at reasonable levels, with three out of five blast furnaces running, despite the continuing difficult market conditions and the decreasing number of orders. Mr. V. Vaideeswaran, acting…
Local newspaper Delo has reported citing Mr. Christophe Cornier, member of ArcelorMittal group management board, as saying ArcelorMittal Kriviy Rih intends to implement a project for processing oxidized ores.Mr. Cornier said “We produce 8 million tons of sinter per year and, with the introduction of oxidized ore processing technology, the production will double.”The management of…
According to Mr. Jeant Jouet, CEO of ArcelorMittal Kriviy Rih, at the ceremony of the start of construction of the first caster, the company intends to construct 5 continuous casters. The first continuous caster will be put into operation in September 2011. Total cost of the project will make around $100 million.The project provides construction…
ArcelorMittal Kriviy Rih, the Ukraine-based subsidiary of the world largest integrated metals and mining company ArcelorMittal, has said that it is keeping its production capacity aligned with market requirements, as the trend for the recovery of the market is uncertain and as it has been experiencing a certain slowdown affecting export orders in the latter…