ArcelorMittal Announced Results of December 2010

OREANDA-NEWS. January 26, 2011. OJSC “ArcelorMittal Kryviy Rih” announced its December 2010 production results.

MAJOR PRODUCTION FIGURES, Thousand tons

The average wages at the plant amounted 3991,1 UAH in December 2010 (December 2009 - 3791,8 UAH).

Aleksandr Ioskov, acting Chief Operations Officer OJSC “ArcelorMittal Kryviy Rih”: “In 2010 the enterprise’s personnel succeeded to increase production volumes of the major types of product per 20% in comparison with the year before. In December 2010 the overhaul repairs of blooming No 2 shop and the convertor No 1 were held and finished. The convertor’s repair included the replacement of the convertor’s body, support rim, the gas-cleaning units’ and the operating pulpit’s overhaul repairs etc. The mentioned repairs will essentially increase the equipment operational reliability”.
Within the social sphere in December 2010 the most significant event was the commissioning of two residential houses with 165 apartments for employees of the enterprise.
Rinat Starkov, CEO, ArcelorMittal Kryviy Rih: “The construction of this housing is one of the key investment commitments of the enterprise according to the sale and purchase agreement. OJSC “ArcelorMittal Kryviy Rih” is one of the few companies in Ukraine and the only one in Kryviy Rih, which builds and provides free housing to its employees. The company invested \\$36 millions in the construction of two houses”.