Ukraine: AMKR to buy gas from Naftogaz under favorable conditions
ArcelorMittal Kriviy Rih CEO Paramjit Kahlon said the company was willing to buy natural gas from Naftogaz if it offered more favorable terms.
Ukraine: AMKR exports less than 1% of its products to Russia
ArcelorMittal Kriviy Rih sells less than 1% of its products on the Russian market.
Ukraine: AMKR in the red for 11 months
ArcelorMittal Kriviy Rih has been working with losses for the past 11 months because of selling most of its metal products cheaper than the prime cost.
Ukraine: AMKR to keep traditional sales markets
ArcelorMittal Kriviy Rih wants to keep its traditional markets – it tries to retain its share on the local market, while increasing its presence on the European and Gulf markets, as well as seeking new ones.
Ukraine: AMKR experiencing scrap difficulties
ArcelorMittal Kriviy Rih is experiencing difficulties with ferrous metal scrap supplies.
Ukraine: AMKR to raise wages
Starting with October 1, ArcelorMittal Kriviy Rih increases wages and tariffs for its employees by 8%.
Ukraine: a lawsuit gave out news about AMKR deal
In December 2014 the supervisory board of ArcelorMittal Kriviy Rih sanctioned two volume-identical contracts with ArcelorMittal International Luxembourg SA. Each presupposed the sale of 1.2 million tons of metal products worth 600 million UAH. Thus the total cost of the deal reached 1.2 billion UAH.
Ukraine: ISD and AMKR to suffer from sanctions
The Industrial Union of Donbass corporation (ISD) and ArcelorMittal Kriviy Rig are the major clients of the railroad First Cargo Company in Ukraine, affected by sanctions.
