Ukraine: AMKR given cure period
The State Geology Service has given ArcelorMittal Kriviy Rih time till March 3, to redress violation of mineral legislation as to the usage of minerals at Novokrivorozhskoye deposits.
The State Geology Service has given ArcelorMittal Kriviy Rih time till March 3, to redress violation of mineral legislation as to the usage of minerals at Novokrivorozhskoye deposits.
ArcelorMittal Kriviy Rih, the largest mining and metallurgical company of Ukraine, became the leader of the exporters. The rating was compiled by Forbes Ukraine on the basis of H1 2015 results.
ArcelorMittal is interested in using Odessa region ports to transport cargo to its European works.
In 2015 ArcelorMittal Kriviy Rih decreased metal sales in Ukraine to 0.5 million tons.
ArcelorMittal Kriviy Rih has dismissed Simon Francis Evans from his office of the supervisory board member.
In 2015 ArcelorMittal Kriviy Rih produced 5.28 million tons of rolled metal, down by 4.3% YoY.
For the first time ArcelorMittal Kriviy Rih will not be able to fulfill its obligations to the state and its employees because of the increase of the Ukrzaliznytsia tariffs.
Soon ArcelorMittal Kriviy Rih employees will file a suit against massive firings in the repair shop.