22
Aug
16:27
Higher prices lift Metalloinvest's first-half revenue
Metalloinvest recorded a 36% on-year increase in revenue in the second quarter to $1.51 billion, but comprehensive income fell -70% to $97.49 million. This was due in part to higher finance costs and foreign exchange loss.
Revenue in the first half of 2017 thus rose 57% on-year to $3.03 billion and comprehensive income fell -13% to $509.3m.
“In the first half of 2017, iron ore pricing remained very volatile; however, average prices were significantly hi…
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Anonymous
Very good overview of the weekly steel market.
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