In April, ArcelorMittal Kryvyi Rih increased output. In particular, steel output grew by 90% YoY, to 163 thousand tons, and rolled metal – by 95%, to 152 thousand tons. Compared with April 2023, manufacture increased by 31% in both cases. AMKR also increased iron ore concentrate output by 14% MoM and by 112% YoY, to…
In February, ArcelorMittal Kriviy Rih produced 116 thousand tons of pig iron, down by 22% MoM. The decrease was due to the Russian attacks on the energy infrastructure of the district. At the same time, steel and rolled metal manufacture increased. Thus, AMKR produced 77 thousand tons of steel, up from 76 thousand tons in…
Lviv hosted a meeting of ArcelorMittal Kryvyi Rih top managers with representatives of the European office at the latter initiative. AMKR will receive EUR 200 million to prepare to relaunch manufacture. The company was also set task to launch all the manufacturing sites in the near future except for the blast furnace No. 9. All…
ArcelorMittal Kriviy Rih has reported “crisis actions” following a Shakhed attack on February 3. According to the press service representative Wolodymyr Haidash, there was no technogenic accident at the plant, only “certain crisis actions were taken to liquidate the consequences of electricity cut following the Russian attack”. The company denied information on explosions and fire,…
In 2023, ArcelorMittal Kriviy Rih paid 4.1 billion UAH of taxes to budgets of all levels, down 2.1-fold YoY. Of this amount, 243 million UAH was paid to the state budget and 2.2 billion UAH to local budgets. Unified social payment amounted to 751 million UAH and VAT – 856 million tons. The land tax…
On January 22, ArcelorMittal Kriviy Rih opened the “Eternal glory to the warriors-employees of ArcelorMittal Kriviy Rih” monument. The monument is dedicated to employees of the enterprise who have fought against the Russian aggression and died for Ukraine, as well as to those who by their labor bring the victory closer. The monument was erected…
ArcelorMittal Kriviy Rih has appointed Pavel Zadorozhniy the acting financial director and chief accountant from January 8 for an indefinite term. The decision was taken by the CEO Mauro Longobardo on January 5. The office of the previous CFO Sergey Plichko was suspended based on the CEO order dated December 25, 2023. Plichko has been…
ArcelorMittal Kriviy Rih has relieved financial director Sergey Plichko of his duties. His office ended on December 25. Plichko has been working as the CFO for 7 years. Pavel Zadorozhniy has been appointed acting financial director and chief accountant till January 5, 2024. (Ukrainian metal)