ArcelorMittal Kriviy Rih has applied a new method to repair coke-oven batteries Nos. 1 and 2 in order to decrease pollution. The new method is based on the ceramic hard-laying of deep fissures with further inflation of powder mixes to seal smaller cracks in the refractory lining of the coking ovens. This method is already…
In January-September ArcelorMittal Kriviy Rih capital expenses exceeded $282 million. Until the end of the year the investments are expected to reach $390 million. This year the company has finished the reconstruction of its small-section mill No. 250-4 having invested over $50 million. The new continuous casting machine No. 3 is undergoing hot tests, and…
Having purchased Krivorizhstal, ArcelotMittal has invested $4.4 billion in its Kriviy Rih asset, and in the nearest 5 years will invest $1.8 billion more. According to the company deputy CEO on metallurgical manufacture Alexander Ivanov, the main focus will be on the change in sinter manufacture, which accounts for some 70% of air pollution. “We…
ArcelorMittal Kriviy Rih has opened its third metal warehouse in Kyiv region from where it plans to sell some 5-6 thousand tons per month. This is the company’s 11th warehouse. Earlier this year additional sales sites have appeared in Odessa and Dnipro. The capacity of the new site is 10 thousand tons of metal. It…
ArcelorMittal Kriviy Rih has finished the reconstruction of its sintering machine No. 4. A FLSmidth electric filter has been installed at the machine. With the new filter dust emission will not exceed 50 mg per 1 cubic meter. The reconstruction of the sintering machine No. 1 has started. It will be shut down in November.…
The supervisory board of ArcelorMittal Kriviy Rih has set terms to pay dividends in the amount of 10.85 billion UAH, or 2.81 UAH per ordinary share. According to its decision dated October 15, the dividends will be paid from November 4, 2019 till March 9, 2020. The dividends will be paid by installments from the…
ArcelorMittal Kriviy Rih shareholders have voted to pay dividends of 10.845 billion UAH. The dividends are 2.81 UAH per ordinary share. The terms of the payment will be later determined by the supervisory board. Last time AMKR paid dividends in 2007. (Ukrainian metal)
ArcelorMittal Kriviy Rih has started commissioning the turboblower No. 15. Investments in the project totaled 200 million UAH. The turboblowers provide the largest blast furnace No. 9 (manufactures 50% of the company pig iron) with cold air. The blast furnace complex modernization is scheduled for 2021. As a result, pig iron output will increase to…
