ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steelmaker
ArcelorMittal, has announced its financial results for 2014. The company has posted a net loss of UAH 1.18 billion ($52.4 million) for the year in question, down from a net loss of UAH 1.52 billion in 2013. In the given period, the company's net revenues amounted to UAH 36.74 billion ($1.63 billion), up 45.33 percent year on year.
In 2014,
ArcelorMittal Kryvyi Rih produced 6.3 million mt of crude steel, down 2.16 percent, while the company's rolled steel output was 5.6 million mt, falling 1.9 percent, both compared to the previous year.