01
Sep
15:25
Metinvest earnings surge on higher prices, Europe demand
Metinvest increased revenue in the first half of the year as a result of high steel prices, the company says.
The company's H1 revenue increased by 70% year-on-year to $8.47 billion, while Ebitda increased 4.3 times to $3.79 billion. The company thus posted a net profit of $2.8 billion, Kallanish notes.
Metinvest's Ukrainian domestic sales increased by 64% y-o-y to $2.3 billion due to higher steel and iron ore prices, as well as stronger sales v…
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Anonymous
Very good overview of the weekly steel market.
Anonymous