Ukraine: AMKR to spend UAH 2.7 billion of 2016 profit on production development

PJSC ArcelorMittal Kriviy Rih (Dniepropetrovsk region) will not pay dividends for 2016, but will direct net profit in the amount of UAH 2.704 billion for development of production. According to a plant press release, this decision was made at an annual general meeting of shareholders on April 27. The shareholders heard the reports of the…

Ukraine: industrial companies improving Kryvbas water basin

PJSC ArcelorMittal Kriviy Rih hosted the meeting devoted to development of strategic approaches for improvement of the ecosystem of Ingul river basin within the Program to support the green modernization of the Ukrainian economy being implemented by German Society for International Cooperation “GIZ”. The main objective of the informative meeting was to find the efficient…

Ukraine: AMKR obtains patent for elaborated method of practical use of steelmaking by-products in agriculture

PJSC ArcelorMittal Kriviy Rih obtained a patent of Ukraine for elaborated method of practical use of steelmaking by-products in agriculture. Copyright protects the method of steelmaking slag usage as a fertilizer (ameliorant) for deoxidization of acidic soils and increase of harvest level of various agricultural crops. Development and application of a new method of soils…

Ukraine: AMKR open-heart down for overhaul

According to the previously developed repairs schedule PJSC ArcelorMittal Kriviy Rih has stopped its twin hearth furnace No. 6 (THF-6) of the open-hearth shop. Due to prolongation of THF-6 exploitation term by 2020 the company elaborated the range of compensating measures, which were being imposed from the beginning of 2017. To minimize fugitive emissions the…