23
Aug
16:13
Weak rouble dents Industrial Metallurgical Holding profit
Russia's Industrial Metallurgical Holding (IMH) reported a net profit fall of -52% on-year in the first half of 2018 to RUB 2.06 billion ($30.2 million). This came as a weaker rouble increased the company's US-dollar denominated debt servicing liabilities, the company says.
IMH's H1 consolidated revenue remained unchanged at RUB 3 billion, supported by strong coke and pig iron prices, and an increase in export sales revenue on a weaker rouble. Raw ma…
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Anonymous
Very good overview of the weekly steel market.
Anonymous