ArcelorMittal Kriviy Rih has finished the reconstruction of its sintering machine No. 4. A FLSmidth electric filter has been installed at the machine. With the new filter dust emission will not exceed 50 mg per 1 cubic meter. The reconstruction of the sintering machine No. 1 has started. It will be shut down in November.…
The supervisory board of ArcelorMittal Kriviy Rih has set terms to pay dividends in the amount of 10.85 billion UAH, or 2.81 UAH per ordinary share. According to its decision dated October 15, the dividends will be paid from November 4, 2019 till March 9, 2020. The dividends will be paid by installments from the…
ArcelorMittal Kriviy Rih shareholders have voted to pay dividends of 10.845 billion UAH. The dividends are 2.81 UAH per ordinary share. The terms of the payment will be later determined by the supervisory board. Last time AMKR paid dividends in 2007. (Ukrainian metal)
ArcelorMittal Kriviy Rih has started commissioning the turboblower No. 15. Investments in the project totaled 200 million UAH. The turboblowers provide the largest blast furnace No. 9 (manufactures 50% of the company pig iron) with cold air. The blast furnace complex modernization is scheduled for 2021. As a result, pig iron output will increase to…
Within implementation of integrated strategy in terms of cooperation with local communities, ArcelorMittal Kriviy Rih is allocating over 400 million UAH for construction of a modern cancer center in the city. A respective memorandum has been signed by the company’s CEO Paramjit Kahlon, Head of Committee on Public Health, Medical Assistance and Medical Insurance of…
ArcelorMittal Kriviy Rih has started hot-testing of its small-section mill No. 250-4, in the reconstruction of which it has invested over $50 million. A part of the amount was spent to purchase Danieli machinery. The new equipment has been designed and supplied by Schneider Electric. Previously the mill was only able to make products of…
ArcelorMittal Kriviy Rih will carry out a scheduled repair of the desulfurizing shop with its shutdown. The company shuts down the shop every year to ensure stable operation of the machinery. “The repair is carried out under the project and the “Emission license” conditions”, the company press service reported. (Ukrainian metal)
ArcelorMittal Kriviy Rih might be forced to suspend the operation of its mine named after Artem in case the duty for iron ore mining is increased according to the draft decree No. 1210 submitted to the Verkhovna Rada. “If the state wants raw materials processing to be 100%, it will be 100%. But then we…
