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30 Dec
13:08

Metinvest sales decrease, repays pre-export financing

Metinvest, a vertically-integrated steel producer and miner with assets in Ukraine, Bulgaria, Italy and the UK, decreased revenue in October, the company says. Revenue fell by -4.8% on-month to $868 million and Ebitda was down to $240m compared to $244m in September, Kallanish notes. Metinvest received in October $21m from the sale of 48,000 tonnes of square billet, $111m from the sale of 218,000t of flat products and $29m from the sale of 58,000t of lo…
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