ArcelorMittal Kriviy Rih has announced that it has approved of a new quality policy, placing clear focus on customer and customer relations optimization which has become of utmost importance due to the overcoming of the consequences of the crisis in the steel consumer market.Mr. Jean Jouet, CEO of ArcelorMittal Kriviy Rih, said “Unlike in the…
It is reported that ArcelorMittal Kriviy Rih, Ukraine-based subsidiary of the world largest integrated metals and mining company ArcelorMittal, plans in 2010 to carry out the modernization of its converter shop by installing a new ladle furnace, a new continuous billet caster and by replacing its gas cleaning units.ArcelorMittal Kriviy Rih 2010 investment projects are…
Reuters reported that Ukraine biggest steel mill Kryvorizhstal, owned by ArcelorMittal, reduced raw steel production in 2009 to 5.054 million tons from 6.233 million in 2008.According to the report, the rolled steel production fell to 4.478 million tons from 5.406 million while pig iron output fell to 4.418 million from 5.632 million.Ukraine steel production fell…
It is reported that Ukrainian ArcelorMittal Kriviy Rih reduced finished rolled steel output in January to November 2009 by 20.4% YoY to 4.057 million tons, steel – by 23.9% to 4.540 million tons, iron – by 26.2% to 3.975 million tons, agglomerate – by 21.9% to 7.107 million tons.In November the plant produced 414,000 tons…
Ukrainian Journal reported that Kiev based Smart Holding plans to challenge in court the results of the privatization of OJSC Kryvorizhstal, the largest mining and Metals Company in Ukraine a 93.02% stake in which was bought by Mittal Steel Germany at an open tender held on October 24th 2005. According to the report, the mill…
Ukraine top steel mill owned by ArcelorMittal cut its raw steel production in January to September 2009 to 3.520 million tons, 35.7 tons lower than in the same period the previous year.The rolled steel production fell to 3.221 million tons in January to September 2009 from 4.663 million, while pig iron output fell to 3.088…
It is reported that the Supreme Economic Court of Ukraine has approved the decisions of the courts of first and second instance for the legal collection of about of UAH 205.59 million from the Ukrainian steelmaker ArcelorMittal Kriviy Rih in favor of ferroalloys producer Zaporozhye Ferro Alloys Plant. As SteelOrbis has previously reported, the amount…
It is reported that the State Property Fund of Ukraine has sold the state last stake equal to 0.1% of shares in ArcelorMittal Kriviy Rih for a total of UAH 54.819 million through the Ukrainian Interbank Currency Exchange. The buyers of the shares in question were the Ukrainian investment companies Dragon Capital and Concorde Capital…