29
May
14:25
Lower prices, sales dent Metinvest's first-quarter earnings
Miner and steelmaker Metinvest’s first quarter revenue declined on the back of lower steel prices and a change in its sales products’ portfolio, the Russian company says.
The decline in the global benchmark steel price which affected the revenue was partially offset by higher sales volumes of downstream products, including slab and flat rolled products. Metinvest reduced sales of merchant pig iron, increased sales of semi-finished products, and …
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Anonymous
Very good overview of the weekly steel market.
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