ArcelorMittal Kriviy Rih, Ukraine-based subsidiary of the world's largest integrated metals and mining company ArcelorMittal, has announced that in February this year it managed to halt the decline seen in its production in January caused by the stoppage of two sintering units for repair, as it completed the major overhaul of one of the units.
"According to the results of February, we were able to stabilize production and reach the same indicators as a year ago. We are going to complete the repair of the second sintering unit in March, and then we expect a gradual production increase in the coming months," ArcelorMittal Kriviy Rih's acting COO Aleksandr Ioskov said.
Product |
February |
January-February |
||||
2011 (mt) |
2010 (mt) |
y-o-y change (%) |
2011(mt) |
2010(mt) |
y-o-y change (%) |
|
377,900 |
375,000 |
+0.8 |
767,800 |
840,200 |
-8.6 |
|
443,100 |
416,500 |
+6.4 |
890,400 |
948,500 |
-6.1 |
|
Rolled steel products |
374,700 |
378,200 |
-0.9 |
796,900 |
833,200 |
-4.3 |