In April-June the segment of Africa and CIS (ACIS) of ArcelorMittal increased EBITDA by 9.1% QoQ and 2.28-fold YoY, to $397 million. According to the group statement, H1 EBITDA grew 2.1-fold, to $760 million. Steel output decreased by 16.2% YoY and by 9.2% QoQ, to 3.087 million tons due to the problems at ArcelorMittal Kriviy…
The Kriviy Rih city police have informed that the morning of July 31 has started with the information of the mining of ArcelorMittal Kriviy Rih. The territory of the works was immediately surrounded and checked for explosives. On July 20 similar information was received by the police. Luckily it was false. (Ukrainian metal)
PJSC ArcelorMittal Kriviy Rih will provide for realization of social projects that will enable to improve Kriviy Rih city environment. Paramjit Kahlon, the company’s CEO, and Yuriy Vilkul, Kriviy Rih mayor, signed social partnership agreement. Yuriy Vilkul: “PJSC ArcelorMittal Kriviy Rih is a core company of the city. It is highly important that besides performance…
ArcelorMittal Kriviy Rih has won the tender to supply rebars for the construction of the railroad between the city of Kiev and the Boprispol airport. On July 23 the first batch of 62 tons of rebars with the diameter of 32 mm and the length of 12 m was shipped. Altogether AMKR will supply some…
PJSC ArcelorMittal Kriviy Rih proceeds to the final stage of construction of two new continuous casting machines (CCM Nos. 2, 3). Production premises for the new CCMs are built by more than a half, equipment assembling has started. Now it is one of the biggest construction projects of the company in CIS and Africa. The…
ArcelorMittal Kriviy Rih has signed a contract for the delivery of Siemens STC-GV (160-3) blower for its largest blast furnace No. 9. The total cost of the contract is $13 million. The commissioning of the blower will increase pig iron output and decrease CO2 emissions by 30.5 thousand tons per year. The project presupposes the…
ArcelorMittal Kriviy Rih reports that Sumykhimprom and the state enterprise Vostochniy GOK refuse to supply sulfuric acid without any explanation. “We now face the absence of sulfuric acid on the domestic market. Why do we bring it from Belarus? Because we have no choice, as we cannot buy the sulfuric acid in Ukraine”, the company…
PJSC ArcelorMittal Kriviy Rih continues to invest in new automotive equipment. Last week three new 45-ton dump trucks BelAz-75473 were released for the performance of steelmaking wastes disposal. The total cost of dump trucks amounted to 26 million 700 thousand UAH. Aleksey Smirnov, Deputy Director of Motor Transport Department, PJSC ArcelorMittal Kriviy Rih: “As of…
