In 2081 ArcelorMittal Kriviy Rih received $0.35 billion of net profit. Net income from the sale of goods totaled $2.5 billion. Investments last year reached $443 million. “Among the major investment projects is the construction of two new continuous casting machines ($144 million) and a complex of coke-oven batteries Nos. 5 and 6 ($160 million),…
From May 1, ArcelorMittal Kriviy Rih, the biggest company of mining and metallurgical complex of Ukraine, is raising salaries of all its employees and employees of its subsidiaries by 15% on average and for certain professions – up to 20%. Last year, ArcelorMittal Kriviy Rih raised the salary twice – in May and October. In…
ArcelorMittal Kriviy Rih will continue the modernization of its strategic energy infrastructure. Recently several contracts have been concluded. One of them is the supply of a new 16B cooling tower. It is needed to cool the power plant, blast furnaces and compressor station water. The tower is expected to be put into operation this summer.…
ArcelorMittal Kriviy Rih intends to construct a tube-type furnace in the benzene department of the by-product recovery shop. “When the new furnace is constructed and put into operation, the old one in use since 1983 will be decommissioned. For that a part of the coke gas pipeline will be disassembled, and some pumps replaced”, the…
ArcelorMittal Kriviy Rih and its subsidiaries have started paying the so-called 13th salary to their employees. In March the company plans to spend some 300 million UAH (including taxes) on the project. The 13th salary is paid for the previous year of work based on the average size of the wage. In November 2017 –…
From May 1, ArcelorMittal Kriviy Rih intends to increase wages of its employees by 15-20%. 2018 was a difficult year for the company, as a roof of the converter shop caved-in, the blast furnace No. 9 reconstruction took longer than planned and difficulties with logistics resulted in a 22% drop in steel output. Moreover, the…
In January-February ArcelorMittal Kriviy Rih increased rolled metal output by 2.5%, to 830 thousand tons. Pig iron manufacture grew by 10.5%, to 917 thousand tons, steel – by 6.9%, to 941 thousand tons and sinter – by 3.1%, to 1.65 million tons. Iron ore manufacture went up by 4.2%, to 149 thousand tons, and coke…
ArcelorMittal Kriviy Rih has purchased a locomotive TM2U-9043 that is already in operation and used in metallurgical process. In addition to that, the plant sent 5 locomotives to Nikolaev Locomotive Repair Plant for capital repair, and a tendering process for 5 more locomotives will start in the nearest time. Depending on the intensity of operation…
