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.

Ukraine: AMKR output down in June 2015

In June ArcelorMittal Kriviy Rih produced 492.9 thousand tons of steel, down by 11.3%, or by 63.2 thousand tons YoY.

Ukraine: ArcelorMittal to tenant state coalmines

ArcelorMittal plans to tenant some of the state coalmines in order to provide its steel manufacture with raw materials.

Ukraine: ArcelorMittal denies report it plans to sell assets

ArcelorMittal, the world’s largest metal company, has no current plans to sell its assets in Kazakhstan, Ukraine or South Africa, the press service of ArcelorMittal Kryvyi Rih has said in response to an article published by KazTAG, a Kazakhstan news service.

Ukraine: AMKR opens up a metal warehouse in Kharkiv

ArcelorMittal Kriviy Rih has opened a metal warehouse in Kharkiv.

Ukraine: Zaporizhstal, Ilyich and AMKR in top-5 VAT-reimbursement receivers in June 2015

Zaporizhstal, Odessa Port Works and Kernel-Trade received the largest VAT-reimbursements in June.

Ukraine: Mittal to invest $1.2 billion into his Kriviy Rih assets

By 2019 ArcelorMittal would have invested $1.2 billion into ArcelorMittal Kriviy Rih.

Ukraine: ArcelorMittal not to sell AMKR

Despite the non-profitability of its business in Ukraine ArcelorMittal is not going to sell its Kriviy Rih works.

Ukraine: AMKR to build terminals in ports

ArcelorMittal is evaluating the possibility to construct terminals for shipping of its goods in Oktyabrsk port.

Ukraine: AMKR output down in May 2015

In January-May ArcelorMittal Kriviy Rih produced 2.57 million tons of carbon steel, up by 4.1% YoY.

Ukraine: AMKR output up in January-April 2015

In January-April ArcelorMittal Kriviy Rih produced 1.78 million tons of rolled metal, up by 7.7% YoY.

Ukraine: AMKR to produce 6.5 million tons of steel in 2015

ArcelorMittal Kriviy Rih plans to produce 6.5 million tons of steel in 2015.

Ukraine: AMKR to decrease rolled metal cost price

ArcelorMittal Kriviy Rih plans to decrease its rolled metal cost price by $60-65 per ton.