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”.