ArcelorMittal Kryviy Rih Announced 2010 October Results
OREANDA-NEWS. November 25, 2010. JSC “ArcelorMittal Kryviy Rih” announced its October production results.
MAJOR PRODUCTION FIGURES, Thousand tons
Type of product |
October |
10 months | ||
2010 |
2009 |
2010 |
2009 | |
PIG IRON |
482,7 |
444,5 |
4 417,4 |
3 528,4 |
STEEL |
565,4 |
500,6 |
5 092,0 |
4 008,7 |
ROLLED PRODUCTS |
485,0 |
411,0 |
4 466,6 |
3 637,4 |
The average wages at the plant in October amounted 3922.6 UAH in October (October 2009 - 3587.6 UAH).
Rinat Starkov, CEO, ArcelorMittal Kryviy Rih: “I am satisfied with that how we have worked in this month. It could be even better, but the lack of wagons and the loss in rate of production had a negative impact on results. However, we are moving in the budget. Production is stabilizing. Forecast for November is even better: while expectation in the markets is not too optimistic, the work on operational efficiency will give the result”.
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