According to Mr. Rinat Starkov, CEO of ArcelorMittal Kriviy Rih, the company saw its net profit in 2010 increase to UAH 1.2 billion from a net loss of about UAH 120 million registered in 2009.Mr. Starkov said that the gross profit of the company in 2010 went up by 147% YoY to UAH 4.43 billion.…
It is reported that ArcelorMittal Kriviy Rih, the Ukraine-based subsidiary of the world’s largest integrated metals and mining company ArcelorMittal, has announced that due to technical issues, in January it saw a YoY decrease in output, producing 447,300 tons of crude steel, down by 16%, 389,900 tons of pig iron, down by 16%, and 422,200…
Ukraine’s largest steel mill, owned by ArcelorMittal, cut crude steel production to 450,000 tons last month from 534,000 in January 2010.ArcelorMittal Kriviy Rih reduced pig iron output by 16% to 389,000 tons and cut rolled steel production by 9.5% to 406,000 tons. In 2010 the mill boosted steel production to 6.13 million tons from 5.04 million…
Reuters reported that Ukraine No 1 steel mill, owned by ArcelorMittal, raised crude steel production in 2010 to 6.13 million tons from 5.04 million tons in 2009.Rolled steel production rose to 5.41 million tons last year from 4.50 million, while pig iron output rose to 5.32 million from 4.42 million a year earlier.Ukrainian industry officials…
It is reported that ArcelorMittal Kriviy Rih, the Ukraine-based subsidiary of the world’s largest integrated metals and mining company ArcelorMittal, announced that in November this year it continued to increase its production. Mr. Rinat Starkov, CEO of ArcelorMittal Kriviy Rih, said the company had started a major program for restructuring of its production processes to…
According to preliminary data, in January to October ArcelorMittal Kriviy Rih, a Ukraine-based subsidiary of the world largest integrated metals and mining company ArcelorMittal, saw its crude steel production increase by 26.8% YoY to 5.1 million tons.During the first ten months of the year ArcelorMittal Kriviy Rih produced: 4.453 million tons of finished steel, up…
It is reported that Ukraine increased its pig iron production by 4.1% to 2.339 million tons in October compared to September. This was reported by the source in the Cabinet of Ministers of Ukraine.In October ArcelorMittal Kriviy Rih increased pig iron production by 7.4% to 480,000 tons. Mariupol Ilyich Iron and Steel Works increased its…
ArcelorMittal Kriviy Rih rejected claims by the State Customs Service that it had attempted to smuggle coking coal by understating of its value and accused state bodies of being biased against the company.The works press service said that ArcelorMittal Kriviy Rih had submitted documents on the market value of coking coal to the State Customs…
