ArcelorMittal Kriviy Rih ore mining and metallurgical works

Ukraine: AMKR agreement on reconciliation commission for settling collective labor dispute signed

Following almost 26 hours of discussion, the representatives of the employer PJSC ArcelorMittal Kriviy Rih and labor collective, despite of disagreements, reached an agreement to create reconciliation commission for settling collective labor dispute, which was registered earlier with the order of National Mediation and Conciliation Service in Dnipropetrovsk region. The parties have agreed to delegate…

Ukraine: AMKR on the start of reconciliation procedures with the representatives of labor collective

The meeting of employer PJSC ArcelorMittal Kriviy Rih and the representatives of labor collective began on May 3 with a purpose to start reconciliation procedures. As of early May 4, it has already lasted for over 18 hours. The employer signed an agreement regarding the creation of reconciliation commission in order to settle collective labor…

Ukraine: AMKR completing major investment project

PJSC ArcelorMittal Kriviy Rih started hot testing of the new coke oven battery No. 5. Its operation will enable the company to minimize the volumes of coke purchased, which is at least twice more expensive than the one produced in-house. Kriviy Rih metallurgists started construction of COBs Nos. 5, 6 in 2013. First, the sixth…

Ukraine: accident at AMKR newly repaired blast furnace

While commissioning the newly repaired largest blast furnace No. 9 at ArcelorMittal Kriviy Rih, molten pig iron was spilled. The blast furnace has been in repairs since February. But while commissioning “an uncontrolled slopping of liquid pig iron occurred accompanied by a loud sound”. “The situation is under control. The blast furnace No. 9 has…

Ukraine: AMKR to spend 2017 profit on development

ArcelorMittal Kriviy Rih intends to spend the 2017 profit on the manufacture development. The decision was taken at the recent annual shareholders meeting. A new supervisory board and revision committee have also been elected. Last year AMKR received 66.19 billion UAH of net income, with net profit at 5.06 billion UAH. (Ukrainian metal)

Ukraine: AMKR profits up in 2017

In 2017 ArcelorMittal Kriviy Rih received 66.185 billion UAH of net income, up by 25% YoY. According to the company statement, its net profit increased from 2.704 billion UAH to 5.061 billion UAH. EBITDA grew by 94.3%, to 6.353 billion UAH. The undistributed profit totaled 32.98 billion UAH. Last year the company produced 5.134 million…

Ukraine: Hugues Mingarelli visits PJSC ArcelorMittal Kriviy Rih

Hugues Mingarelli, Head of the European Union Mission to Ukraine, visited PJSC ArcelorMittal Kriviy Rih. This is his first visit to Kriviy Rih and to the biggest mining and steelmaking plant of Ukraine. Along with the delegation Mingarelli held a meeting with the management of the plant, where numerous important issues were discussed, such as…

Ukraine: School of Young Engineers opens at ArcelorMittal University

This weekend the new education project for employees’ children has started at ArcelorMittal – School of Young Engineers. The educational program includes chemical and physical experiments, master classes in wood and metal work, electrical and robotics, and 3D-printing. Participants of the School of Young Engineers will be 320 children at the age of 9 to…