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ArcelorMittal Kriviy Rih to upgrade converter shop in 2010

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…


Investment in Ukrainian steel industry in 2009 dips

According to preliminary data, in 2009 the investment volume into Ukrainian metallurgy upgrade did not exceed UAH 5 billion.In recent years the metallurgists kept increasing the investments into main capacities upgrade. The investment started picking up in 2007, when the investments volume amounted to UAH 10.5 billion. In terms of specific investments per 1 ton…


Ukrainian steelmakers issue output data for January

The major Ukrainian steelmakers have released their preliminary production results for the first month of 2010. Of the top seven largest Ukrainian steel producers, only Azovstal and ArcelorMittal Kriviy Rih showed QoQ increases in output, of 4.9% and 3.9% respectively, due to positive changes in the market situation.Mr. Andrey Gerus, an analyst at the Ukrainian…