28
Oct
11:37
Metinvest sales, profitability fall in August
Metinvest, a vertically-integrated steel producer and miner with assets in Ukraine, Bulgaria, Italy and the UK, decreased revenue in August, the company says.
Revenue reduced by -7.9% on-month to $838 million, but Ebitda was up to $216m compared to $204m in July, Kallanish notes.
Metinvest received in August $44m from the sale of 109,000 tonnes of square billet, $93m from the sale of 202,000t of flat products and $31m from the sale of 65,000t of long pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous