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“ArcelorMittal Krivoy Rog” in 2017 will increase investment in the renewal and repairs is about 43%

The Kryvyi Rih mining and metallurgical plant, PJSC “ArcelorMittal Krivoy Rog” (the Dnepropetrovsk region) in 2017 plans to increase capital investment and financing repairs and maintenance of equipment and buildings by 42.9% compared with the year 2016 to almost 9 billion UAH ($400 million) from 6.3 billion capital and operating investment in 2015.

As the General Director “ArcelorMittal Krivoi Rog” Kalon he is a mechanical engineer on a press-conferences in Agency “Interfax-Ukraine” on Monday, in 2017 chapinville will be about $250 million, the rest is repairs and maintenance of equipment and buildings.

“ArcelorMittal group began to invest in production and to fulfill its obligations. Most of the projects – about 70% – going to update the technology or the improvement of environmental treatment facilities, etc.,” explained top Meijer.

However, he noted that among the key projects of the modernization program for 2016 was: reconstruction of sintering machine No . 6 sintering plant №2, construction of a complex for the preparation and injection of pulverized coal into the blast furnace №9 reconstruction of gas cleaning of Converter # 6, construction of new coke oven battery No. 6, the reconstruction of the heater number 2 in the DP-9, the construction of an oxygen control unit for the Converter plant, reconstruction of the rotary kiln №3 with installation of system of biofuels in refractory and lime shop.

In addition, purchased 11 heavy-duty BelAZ dump trucks (130 tonnes) for the mining Department, a major overhaul of mining equipment, built a new warehouse of coal and coke.

“For the construction of coke-oven battery # 6 with capacity of 1.5 million tons of coke had spent $125 million Now, the battery is put into operation. Also commissioned a new oxygen unit with a capacity of 37 thousand cubic metres of oxygen per hour $85 million, Began construction of the continuous casting machine No. 2 will be built ladle furnace to him. Continue modernization of the sinter plant, upgrade of coke battery No. 5, unit No. 4, the stove No. 2 in the DP-9, rolling mill No. 4 fitting,” stated P. Kalon.

The CEO stressed that ArcelorMittal was investing heavily in Ukraine, in the company, Recalling that it is planned before 2020 investment in “ArcelorMittal Krivoy Rog” will amount to about $1.2-1.5 billion.

“The main objectives of this phase of the investment program “ArcelorMittal Krivoy Rog” is to improve the productivity of production, to replace outdated equipment with new and environmentally friendly, significantly improve the ecological environment in Krivoy Rog and throughout the region”, – said the CEO.

However, the top Manager pointed out the lack in Ukraine of highly qualified contractors for implementation of large investment projects in the steel plant.

P. Kalon also announced that the No. 1 priority, as a group, ArcelorMittal, and “ArcelorMittal Krivoy Rog” is the labor protection, creation of safe working conditions for employees. In 2016, he said, “ArcelorMittal Kryvyi Rih” invested in occupational health and safety more than 278 million UAH. Costs for environmental activities in the past year amounted to 417,7 million. However, the actual emissions of harmful substances into the atmosphere from the plant did not exceed the permitted state. Key environmental indicators the impact of production activities of Melkombinat on the environment in comparison with the year 2015, the volume of wastewater discharges reduced by 0.4%, the amount of waste – by 16.4%, and waste disposal in the environment – by 12.7%.

The social development team works invested 342,6 million.

“The average wage in PJSC amounted to UAH 8338,5, while the average salary in the metallurgical industry – 6,717 thousand UAH”, – stated the head of the company.

“ArcelorMittal Kryvyi Rih” is the largest producer of rolled steel in Ukraine. Specializiruetsya in the production of long products, in particular rebar and wire rod.

ArcelorMittal owns Ukraine’s largest mining and metallurgical plant “ArcelorMittal Krivoy Rog” and a number of small companies, in particular, PJSC “ArcelorMittal Beryslav”.

Corporation Mittal Steel at the open competition on October 24, 2005 got of 93.02% stake in Kryvorizhstal for 24.2 billion UAH at the starting price of UAH 10 billion. Then the steel plant was renamed “Mittal Steel Krivoy Rog”, and later “ArcelorMittal Krivoy Rog”.

According to the company, owned by Arcelor Mittal Duisburg GmbH (Germany) is 95,128% of its shares.

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