05
Sep
01:00
Partial closures at Ural Steel hit Metalloinvest group steel production
At $1.087 billion, Russia’s iron ore mining and steel group, Metalloinvest has just reported an 11.6% fall year-on-year in its first-half earnings before interest, tax, depreciation and amortisation. Sales fell 7% to $3.53bn in the same comparison.
The company’s H1 highlights include a 3% rise yr-o-yr in the production of pellets, and HBI/DRI to 11.5m tonnes, and 2.8mt, respectively. Iron ore and hot metal production was more-or-less constant at 19…
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Anonymous
Very good overview of the weekly steel market.
Anonymous