ArcelorMittal Temirtau to implement stabilization program

Thursday, 30 October 2008 17:03:33 (GMT+3)   |  
       

ArcelorMittal Temirtau, Kazakhstan-based subsidiary of steel giant ArcelorMittal, has drawn up a detailed program of specific actions for the stabilization of its production processes and for the social protection of its workers. The program is to be implemented within the framework of the memorandum of collaboration on anti-crisis measures proposed by the Kazakh government earlier this week.

According to the program, ArcelorMittal Temirtau's daily output of pig iron has to amount to about 5,500-6,000 mt, while the average monthly coal mining output will be 900,000 mt. This is to allow the company to ensure steel and coal production operations, with the aim of manufacturing and delivering around 150,000-200,000 mt of finished products per month. Such measures will enable ArcelorMittal Temirtau to involve in the production process the staff of all its structural subdivisions.

During October 1-15, ArcelorMittal Temirtau was forced to temporarily lay off more than 4,200 workers, though during the second half of October this number decreased to 3,699. Moreover, 400 workers were transferred to a four-day working week.

As of November 1, ArcelorMittal Temirtau will cancel all temporary layoffs, but will continue to implement a shorter workday schedule.

In addition, within the framework of its new investment programs, ArcelorMittal Temirtau plans to reconstruct the purification systems at its converter shop, to construct a continuous casting machine, a second rolling production line and a third strip galvanizing line, and to upgrade its heat power stations.


Similar articles

Global BPI market silent as sellers insist on previous higher offers, buyers retreat

26 Apr | Scrap & Raw Materials

German crude steel output increases by 6.0 percent in January-March

25 Apr | Steel News

Japanese crude steel output up 2.9 percent in March from February

23 Apr | Steel News

Ex-Russia BPI sellers fail to achieve higher prices, hike attempts continue

19 Apr | Scrap & Raw Materials

MMK’s crude steel output down 2.9 percent in Q1

19 Apr | Steel News

Brazilian BPI mills target higher export prices, impact of scrap eases as discussed at IIMA meeting

18 Apr | Scrap & Raw Materials

Ukraine’s ArcelorMittal Kryvyi Rih posts higher output for Q1, plans 50% utilization

17 Apr | Steel News

China’s crude steel output down 1.9% in Q1, steel prices start to rebound in April

16 Apr | Steel News

Turkey’s pig iron imports increase by 57 percent in January-February

16 Apr | Steel News

Ukraine’s pig iron output up 32.1 percent in Q1

10 Apr | Steel News