At the public hearings ArcelorMittal Kriviy Rih has presented a report on the planned reconstruction of the wire mill No. 1 influence on the environment. The project will see two loop layers and two wire-addition systems replaced by Danieli. The capacity of the mill will not increase. In order to increase it, the company will…
On May 16, the Dnepr District Administrative Court opened a case on the claim of ArcelorMittal Kriviy Rih to the Office of major taxpayers of the State Fiscal Service. The company wants to cancel the office decision obliging it to pay 114.6 million UAH of profit tax and 57.3 million UAH of fines. In February,…
ArcelorMittal Kriviy Rih has completed modernization of the automation control system of Light Section Wire Rod Mill No. 250/150-6 in the Rolling Shop No. 3. There the company produces bar and coil rod with diameter from 5.5 up to 32 mm. The initial project price was estimated at UAH 48 million, but actual costs amounted…
Payments on environmental tax are growing but they are not used in Ukraine for environment protection purposes. Most of this money goes to national budget and not to local one, and is spent for anything but not for environment. It is necessary to change the mechanism for distribution and spending of this money as well…
On May 6, an employee was injured at ArcelorMittal Kriviy Rih. The accident happened at the blast furnace shop No. 1 bin trestle. The Industrial Service Company LLC employee was loading sinter and got burned. (Ukrainian metal)
ArcelorMittal Kriviy Rih is completing the preparation of its social facilities for summer season. They are three country tourist camps, two children’s camps and two health complexes on the Black and Azov seaside. The maintenance of all social facilities, including Dzherelo sanatorium-preventorium, will cost the company UAH 103 million. In addition, the metallurgical plant will…
ArcelorMittal Kriviy Rih has started the final stage of the bar mill No. 250-4 reconstruction. 90% of the machinery has already been assembled. The total cost of the project is $55 million. Danieli supplied all the equipment. The design capacity of the mill after reconstruction will reach 1.052 million tons of rebars per year. (Ukrainian…
The shareholders of ArcelorMittal Kriviy Rih decided to spend all the profit of 2018 on the development of the company. Last year the company increased its net profit almost 2-fold, or by 84.2%, to 9.51 billion UAH. Net income grew by 3%, to 68 billion UAH. (Ukrainian metal)