ArcelorMittal Kriviy Rih to pay UAH 205.59 million to ZZF

ArcelorMittal Kriviy Rih ore mining and metallurgical works, Zaporozhye Ferro Alloys PlantLeave a comment

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…

ArcelorMittal Kriviy Rih and ZZF dispute over ferroalloy deliveries

ArcelorMittal Kriviy Rih ore mining and metallurgical works, Zaporozhye Ferro Alloys PlantLeave a comment

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…