Tag Archives: ArcelorMittal Kriviy Rih

Ukraine: AMKR allocates funds for environmental projects in Kriviy Rih and Dnipropetrovsk region

PJSC ArcelorMittal Kriviy Rih will allocate 8 million UAH for environmental projects implementation in Kriviy Rih and Dnipropetrovsk region. These projects are included into city and regional programs aimed at environmental issues elimination and environment conditions improvement. PJSC ArcelorMittal Kriviy Rih will finance implementation of new dust suppression technologies on dumps and industrial sites, purchase…

Ukraine: AMKR employees still demanding 1 thousand euro wages

The committee of the primary workers union at ArcelorMittal Kriviy Rih has again claimed the increase of salary to the equivalent of 1 thousand euro from April 1 at the employee conference. “Increase the average monthly salary to AMKR employees from April 1 to the level of 1 thousand euro in UAH equivalent according to…

Ukraine: new LFCCs in Kriviy Rih to be constructed till the end of 2018

PJSC ArcelorMittal Kriviy Rih started the main stage of construction of the new Continuous Casting Plant No. 2. Capacity of two new continuous casters (LFCC Nos. 2, 3) will be 1.4 million tons per year each. It will enable larger CC-billets output. The total cost of the investment project is over $100 million. Now the…

Ukraine: AMKR to complete 2 CCM construction in 2019

In Q1 2019 ArcelorMittal Kriviy Rih intends to finish construction of a new department of the continuous steel casting No. 2. According to the company statement, the capacity of two new continuous casting machines (Nos. 2 and 3) will be 1.4 million tons of billets per year each. The total cost of the investment project…

Ukraine: AMKR opens “Young Engineers” school

PJSC ArcelorMittal Kriviy Rih launches a new education project, which is the “Young Engineers” school. Its participants may be the employees’ children aged from 9 to 15 years. The learning program includes chemical and physical experiments, robotics technology, construction, master classes on work with wood and metal. When the young engineers will begin their exciting…

Ukraine: AMKR announces 2017 financial results

PJSC ArcelorMittal Kriviy Rih, the biggest steel company of Ukraine, has announced its financial results for 2017. Key financial results are as follows: Net income from sales – $2.489 billion (UAH 66.19 billion). Net profit – $0.19 billion (UAH 5.06 billion). Amount of investments (CAPEX and OPEX) – $0.338 billion (UAH 9 billion). In recent…

Ukraine: AMKR profits up in 2017

In 2017 ArcelorMittal Kriviy Rih increased net profit by 87% YoY, to $190 million (5.06 billion UAH). According to the company statement, net income totaled $2.489 billion (66.19 billion UAH). Investments last year reached $0.338 billion (9 billion UAH). “This year AMKR will continue investing in developing capacities. The planned amount for this year is…

Ukraine: AMKR renews equipment of gas rescue service

PJSC ArcelorMittal Kriviy Rih increases the level of technical equipment for its own gas rescue service. Priority No. 1 of the company is safety of its employees at production sites, their lives and health. The enterprise has renewed a fleet of emergency-rescue vehicles at gas rescue service. PJSC ArcelorMittal Kriviy Rih invested 2.4 million UAH…