09
Apr
01:00
Metinvest sees 'challenging' 2015, seeks bond repayment deferral
Metinvest says it expects another challenging year in 2015 after registering an -18% year-on-year decline in revenue last year to $10.57 billion, while net profit plunged -59% to $159 million. The Ukrainian firm is in a payment default situation and has launched consent solicitations to request a deferral of a 2015 bond principal repayment due on 20 May.
The company’s Azovstal Iron & Steel Works expects the overhaul of its blast furnace no.4 to be …
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Anonymous
Very good overview of the weekly steel market.
Anonymous