ArcelorMittal Kriviy Rih continues to carry out major modernization of Sinter Plant No. 2. This is one of the key investment projects of the company that will significantly reduce industrial emission load on the region and city. Currently, there are some works in progress to install new gas cleaning plant within reconstruction of one more…
ArcelorMittal Kriviy Rih has suspended operation of the blooming shop site No. 1. Under the strategy of sustainable development, the company is waving outdated techniques. The blooming-1 started operating in 1958. Some years later the site No. 2 was commissioned. In 2015, both sites were merged into one shop. So far the shop has produced…
ArcelorMittal Kriviy Rih has completed the reconstruction of sintering machine No. 1 of sinter plant No. 2 and is starting hot tests on it. The company continues to implement a large-scale investment project for the reconstruction of sinter plant No 2. As of now four of six sintering machines of the shop have already been…
A global crisis, generated by the pandemic of a new type of the coronavirus, is the hardest one since the World War II, as declared recently by Antonio Guterres, U.N. Secretary-General. The epidemic disturbed a regular lifestyle and a business rhythm both in small towns and the largest capitals of the world. Everybody suffered –…
In 2019, ArcelorMittal Kriviy Rih expenses on environment amounted to 562.9 million UAH. Environmental measures enable the company to comply with environmental standards established with the legislation and gradually reduce environmental footprint. Every year, the company allocates funds for implementation of major investment projects, including repair of fixed assets intended for environment protection purposes. For…
ArcelorMittal Kriviy Rih has decreased output and sent some 25% of its employees either on a paid leave or to work remotely at home. “At present the operation of the blooming No. 1, two small-section mills No. 1 and No. 3 of the first section-rolling shop, small-section mill No. 5 of the second section-rolling shop…
ArcelorMittal Kriviy Rih began intensive sanitization of its checkpoints and stop pavilions at the plant’s territory. Twice a day, the rescuers of the State Fire and Rescue Team No. 4 help to prevent the spread of COVID-19 infection among employees and contractors who work on the territory of the plant. The checkpoints and stop stations…
In 2019, ArcelorMittal Kriviy Rih decreased its net income from 68 billion UAH to 62.4 billion UAH. Net loss totaled 2.3 billion UAH as opposed to a net profit of 9.5 billion UAH in 2018. The extraordinary meeting of shareholders on October 10, 2019, decided to spend 10.85 billion UAH to pay dividends, or 2.81…