ArcelorMittal Kriviy Rih has opened a new metal warehouse in the city of Dnipro. The warehouse is situated on the left bank of the river Dnipro close to a traffic intersection and railroad. The site is expected to sell some 5 thousand tons of metal each month. The warehouse can store up to 10 thousand…
ArcelorMittal’s Ukrainian steel mill will lose $1 million this month after a key piece of steelmaking equipment has been seized following a security service investigation, the plant’s acting head Oleksandr Ivanov said. The probe into Ukraine’s largest private foreign investor is seen as an early test for the presidency of Volodymyr Zelensky, who has promised…
The Commercial court of appeals has ruled to recover from ArcelorMittal Kriviy Rih the debt for the land lease. The company was not paying full land lease in 2017-2018. The court ruled to recover the debt from one of the four sites. The next session of the court will be held on September 9. (Ukrainian…
The Ukrainian arm of the world’s biggest steelmaker said that the state security service had searched its plant in Kryvyi Rih, a week after new Ukrainian President Volodymyr Zelensky criticized the management. ArcelorMittal has invested about $9 billion in Kryvyi Rih, Ukraine’s largest steel mill, which is now under close government scrutiny, as reported by…
In 13 years ArcelorMittal has invested over $4.4 billion in its Kriviy Rih assets, with more than 6 billion UAH invested in the environment-friendly machinery. AM bought the plant for $4.8 billion, and none of the 36 main units operated according to environmental standards. Now 4 coke-oven batteries, 2 blast furnaces, 3 converters and 2…
ArcelorMittal Kriviy Rih has invested 6.3 million UAH in the purchase of a locomotive and 20 new cars for the Artem 1 mine. The cars started transporting rock and ore in June, and the 14KA locomotive – in July. AMKR mines operate 30 locomotives. This year the company intends to invest 142 million UAH in…
ArcelorMittal Kriviy Rih carries out its business activities in accordance with effective legislation of Ukraine and expects respective actions and attitude from public authorities and local government bodies. According to article 19 of the Constitution of Ukraine, public authorities and local government bodies, their officials must act only based on and within their powers and…
ArcelorMittal Kriviy Rih has received the third locomotive this year modernized by Nikolayev Locomotive-Repair Plant. 4 more machines are expected in August-October. And three will be sent for repairs in late June. Thus, in 2019, 11 locomotives will be repaired this year, up almost 2-fold YoY. “But for the fleet of 126 machines, which service…