ArcelorMittal Kriviy Rih, the biggest mining and steel plant in Ukraine, summed up the implementation of its investment program for 2019. Last year the company invested $415.4 million in the development of production. Of these, operating costs amounted to $116 million, and capital – to $299.4 million. 2019 was a difficult year for all plants…
In 2019 ArcelorMittal Kriviy Rih increased investments in labor safety by 27% YoY, to 503.4 million UAH. Expenses per each employee exceeded 25 thousand UAH. Last year 30 accidents with the loss of working days were registered among the company and contractors’ employees, including 4 fatal accidents: 1 with AMKR employee and 3 with contractors.…
Hryvnia strengthening, salary increase, maintaining of a social package and the opportunities for additional income helped ArcelorMittal Kriviy Rih in 2019 to reduce the outflow of personnel, despite the increase in labor migration in Ukraine. Compared to 2016-2018 the situation with human resources has improved at the company. First of all, regarding the main engineering…
In 2019 ArcelorMittal Kriviy Rih increased rolled metal output by 11.2% YoY, to 4.7 million tons. Steel manufacture grew by 11.8%, to 5.3 million tons, and pig iron – by 14.9%, to 5.3 million tons. Moreover the company increased sinter manufacture by 14.3%, to 9.8 million tons, iron ore concentrate – by 5.8%, to 9.8…
ArcelorMittal Kriviy Rih has presented a project to modernize its steam boiler No. 1 and boiler system, which provides the by-product coke manufacture with steam. The boiler plant has two boilers with the capacity of 50 tons of steam per hour each. Purified coke gas is used as a fuel. The steam boiler No. 2…
ArcelorMittal Kriviy Rih began to apply domestic and foreign analogues instead of Russian components for the capital repairs of locomotives, thus minimizing the impact of Russian Federation’s sanctions regarding prohibition on delivery of locomotives’ spare parts and engines to Ukraine. After the events of 2014-2015, military and technical cooperation between the countries was frozen. Dual-use…
ArcelorMittal Kriviy Rih has invested $60 million in the reconstruction of its small-section mill No. 250-4. Thanks to the reconstruction the mill now can produce rebars Nos. 8-24 in coils. The commission and certification of the mill are scheduled for January-February 2020. Manufacture of rebars in coils for sales will start in late Q1 2020.…
In November ArcelorMittal Kriviy Rih decreased rolled metal output by 18% MoM, to 390 thousand tons. Steel manufacture dropped by 28.5%, to 350 thousand tons, and pig iron – by 20%, to 375 thousand tons. In 11 months AMKR produced 4.2 million tons of rolled metal, 4.94 million tons of steel and 4.9 million tons…
