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…
The Ukrainian steelmaker ArcelorMittal Kriviy Rih announced that its refusal to prolong a contract for ferroalloy deliveries in the context of its reduced production rates has led its main ferroalloys supplier Zaporozhye Ferro Alloys Plant to take an action for the legal collection of about UAH 205.59 million from the company for pre payment for…
Ukrainian News reported that the Antimonopoly Committee of Ukraine fined the ArcelorMittal Kriviy Rih ore mining and metallurgical works UAH 50,000 and the Dneprospetsstal metallurgical works UAH 18,000 for breaking rules of furnishing of information.According to the report, the Committee fined ArcelorMittal Kriviy Rih for failure to present information at the committee’s request within the…
