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…
ArcelorMittal Kriviy Rih, the largest mining and steel company of Ukraine, reports on its results in 2019. Net income from the sales of products was UAH 62.4 billion (compared with UAH 68 billion in 2018). Net loss is UAH 2.3 billion (compared with UAH 9.5 billion of net profit in 2018). The results of 2019…
ArcelorMittal Kriviy Rih, the largest mining and metallurgical plant in Ukraine, continues to implement precautions to protect its employees and ensure the uninterrupted manufacture. Under conditions of worsening of the epidemiological situation, ArcelorMittal is forced to reduce production at many own companies around the world, but working diligently to prevent them from complete shutdown and…
In January-February, ArcelorMittal Kriviy Rih decreased steel output by 10.4% YoY, to 843 thousand tons. Rolled metal manufacture grew by 12.7%, to 845 thousand tons, but that of pig iron dropped by 6.3%, to 859 thousand tons. The company produced 1.554 million tons of sinter, down by 5.8%, 444 thousand tons of coke, down by…
Management of ArcelorMittal Kriviy Rih has decided that the company will continue to fulfill its obligations and pay the land and property taxes due in March, despite the amendments to Tax Code approved by the State last week. The company does not plan to stop fulfilling its obligations for land and property tax as these…
Mauro Longobardo, CEO of ArcelorMittal Kriviy Rih, has met with Yuriy Vilkul, mayor of Kriviy Rih, to discuss urgent measures to counteract against spreading of coronavirus in the city. Business is ready to help municipal authorities – upon results of the negotiations the company’s management took following decisions: – ArcelorMittal Kriviy Rih will buy three…
