09
Aug
11:56
Evraz profit plunges, sees volatility ahead
Miner and steelmaker Evraz expects volatility in the markets in the second half of 2019. But it says its financial performance will be supported by a high level of vertical integration and the strength of the Russian market, as its efficiency improvement efforts continue.
The company's consolidated revenue slipped -3.2% on-year in H1 to $6.14 billion, Ebitda fell -22.2% to $1.45 billion, and net profit plunged -70% on-year to $344 million. This was on t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous