OREANDA-NEWS. May 6, 2010. In April OJSC “ArcelorMittal Kryviy Rih” increased production of iron, steel and rolled products compared to the same period of last year:

MAJOR PRODUCTION FIGURES, Thousand tons

Type of product

April 2010

April 2009

4 months 2010

4 months 2009

Pig iron

477,3

348,9

1780,3

1314,2

Steel

566,9

388,8

2038,2

1465,0

Rolled products

477,0

371,0

1776,3

1402,2

Jean Jouet, CEO, OJSC “ArcelorMittal Kryviy Rih”: “Production figure for April month has confirmed same trend as in March, with level of ex mill shipment just below 500 thousand tons. Commenting on April results, it has to be underlined that despite the Memorandum of understanding signed between government and metallurgical sector, in April we have witnessed huge price increase for limestone from local Ukrainian suppliers (up to 45%), significant increase of electricity tariffs and continuous price increase of coal concentrate for coke production, both imported and of Ukrainian origin. As it was reported in various media, billet prices as well as rolled product prices were higher in Black sea area than in Ukraine. We expect in May similar level of production as in March-April”.