06
Dec
13:40
Metinvest earnings surge on higher prices, demand
Metinvest increased revenue in the first nine months of the year as a result of high steel and raw materials prices, the company says.
The company's 9M revenue increased by 78% year-on-year to $13.56 billion, while Ebitda more than doubled to $6.1 billion, Kallanish notes.
Ukraine-based Metinvest's domestic sales increased by 26% y-o-y to $3.5 billion due to higher steel and iron ore prices, as well as stronger sales volumes of iron ore and long steel pro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous