12
Dec
14:21
Flats, semis drag down Metinvest 9M revenue
Metinvest's steel segment revenue decreased -14% on-year in the first nine months of 2016 to $3.68 billion, Kallanish learns from the company.
The drop was attributable to lower sales of flat products by $351 million, semi-finished products by $164m, pipe by $62m and coke by $93m. Meanwhile, sales of long products and other products and services rose by $73 million and $22 million respectively. The share of nine-month finished products in the steel…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous