16
May
11:27
Mechel hikes revenue despite decline in deliveries
Mechel’s revenue rose 4% on-year in 2015 to RUB 253.14 billion ($3.9 billion), while net loss narrowed -14% to RUB 114.5 billion, Kallanish learns from the highly-indebted Russian steelmaker.
Major projects at Mechel whose implementation has been the main cause of debt growth are reaching target capacity utilisation and increasing returns on invested capital, the steelmaker says.
Mechel began in February supplying to Russian Railways rails produced by C…
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Anonymous
Very good overview of the weekly steel market.
Anonymous