A global crisis, generated by the pandemic of a new type of the coronavirus, is the hardest one since the World War II, as declared recently by Antonio Guterres, U.N. Secretary-General. The epidemic disturbed a regular lifestyle and a business rhythm both in small towns and the largest capitals of the world. Everybody suffered –…
In 2019, ArcelorMittal Kriviy Rih expenses on environment amounted to 562.9 million UAH. Environmental measures enable the company to comply with environmental standards established with the legislation and gradually reduce environmental footprint. Every year, the company allocates funds for implementation of major investment projects, including repair of fixed assets intended for environment protection purposes. For…
ArcelorMittal Kriviy Rih has decreased output and sent some 25% of its employees either on a paid leave or to work remotely at home. “At present the operation of the blooming No. 1, two small-section mills No. 1 and No. 3 of the first section-rolling shop, small-section mill No. 5 of the second section-rolling shop…
ArcelorMittal Kriviy Rih began intensive sanitization of its checkpoints and stop pavilions at the plant’s territory. Twice a day, the rescuers of the State Fire and Rescue Team No. 4 help to prevent the spread of COVID-19 infection among employees and contractors who work on the territory of the plant. The checkpoints and stop stations…
In 2019, ArcelorMittal Kriviy Rih decreased its net income from 68 billion UAH to 62.4 billion UAH. Net loss totaled 2.3 billion UAH as opposed to a net profit of 9.5 billion UAH in 2018. The extraordinary meeting of shareholders on October 10, 2019, decided to spend 10.85 billion UAH to pay dividends, or 2.81…
ArcelorMittal Kriviy Rih, the largest mining and steel company of Ukraine, reports on its results in 2019. Net income from the sales of products was UAH 62.4 billion (compared with UAH 68 billion in 2018). Net loss is UAH 2.3 billion (compared with UAH 9.5 billion of net profit in 2018). The results of 2019…
ArcelorMittal Kriviy Rih, the largest mining and metallurgical plant in Ukraine, continues to implement precautions to protect its employees and ensure the uninterrupted manufacture. Under conditions of worsening of the epidemiological situation, ArcelorMittal is forced to reduce production at many own companies around the world, but working diligently to prevent them from complete shutdown and…
In January-February, ArcelorMittal Kriviy Rih decreased steel output by 10.4% YoY, to 843 thousand tons. Rolled metal manufacture grew by 12.7%, to 845 thousand tons, but that of pig iron dropped by 6.3%, to 859 thousand tons. The company produced 1.554 million tons of sinter, down by 5.8%, 444 thousand tons of coke, down by…
