OREANDA-NEWS. July 13, 2010. OJSC “ArcelorMittal Kryviy Rih” announced today its June production results.

MAJOR PRODUCTION FIGURES, Thousand tons

Type of product

June

6 months

2010

2009

2010

2009

PIG IRON

419,8

343,6

2 663,5

2 026,9

STEEL

487,7

399,4

3 066,1

2 286,4

ROLLED PRODUCTS

410,1

352,0

2 632,8

2 126,9

V. Vaideeswaran, Acting CEO, “ArcelorMittal Kryviy Rih”: “Market conditions continue to be difficult, number of orders is not increasing and we are happy that in these conditions we have managed to keep our production at a reasonable level, with 3 out of 5 BFs running. We are suffering on export markets due to the unfair situation as we are competing with the extra cost of non VAT refund, and we expect the Government to go back as soon as possible to normality on this matter. We hope that improved relationship with Russia will also open steel market for Ukrainian exports and that technical barriers in form of quotas will be lifted”.