ArcelorMittal Kriviy Rih has mastered the manufacture of a new product according to the Israeli standards – the vanadium-alloyed weldable rebars S500W 25 mm. The first batch of such rebars weighing 1 thousand tons has already been shipped to Israel from the Nikolaev Trade Sea Port. The main advantages of these rebars are their weldability…
PJSC ArcelorMittal Kriviy Rih has been awarded with a certificate for implementation of the best energy-efficient and resource-saving technologies that reduce the negative impact on environment. The company got the winner’s certificate during interregional conference, called Green Solutions of Business – Uniting for Sustainable Development, which took place in Dnepr. The Dnipropetrovsk Regional Council, the…
Following almost 26 hours of discussion, the representatives of the employer PJSC ArcelorMittal Kriviy Rih and labor collective, despite of disagreements, reached an agreement to create reconciliation commission for settling collective labor dispute, which was registered earlier with the order of National Mediation and Conciliation Service in Dnipropetrovsk region. The parties have agreed to delegate…
The meeting of employer PJSC ArcelorMittal Kriviy Rih and the representatives of labor collective began on May 3 with a purpose to start reconciliation procedures. As of early May 4, it has already lasted for over 18 hours. The employer signed an agreement regarding the creation of reconciliation commission in order to settle collective labor…
PJSC ArcelorMittal Kriviy Rih started hot testing of the new coke oven battery No. 5. Its operation will enable the company to minimize the volumes of coke purchased, which is at least twice more expensive than the one produced in-house. Kriviy Rih metallurgists started construction of COBs Nos. 5, 6 in 2013. First, the sixth…
While commissioning the newly repaired largest blast furnace No. 9 at ArcelorMittal Kriviy Rih, molten pig iron was spilled. The blast furnace has been in repairs since February. But while commissioning “an uncontrolled slopping of liquid pig iron occurred accompanied by a loud sound”. “The situation is under control. The blast furnace No. 9 has…
ArcelorMittal Kriviy Rih intends to spend the 2017 profit on the manufacture development. The decision was taken at the recent annual shareholders meeting. A new supervisory board and revision committee have also been elected. Last year AMKR received 66.19 billion UAH of net income, with net profit at 5.06 billion UAH. (Ukrainian metal)
In 2017 ArcelorMittal Kriviy Rih received 66.185 billion UAH of net income, up by 25% YoY. According to the company statement, its net profit increased from 2.704 billion UAH to 5.061 billion UAH. EBITDA grew by 94.3%, to 6.353 billion UAH. The undistributed profit totaled 32.98 billion UAH. Last year the company produced 5.134 million…
