The Ukrainian Metal

Ukraine: Metinvest clears $29-million debt

In June Metinvest increased metal sales by 10.5% YoY and by 5.5% MoM, to 1.113 million tons.

Earnings grew by 35.7% YoY and by 0.3% MoM, to $608 million.

Mining sales decreased by 12.6% YoY and by 23.9% MoM, to 1.294 million tons, valued at $112 million, up by 0.9% YoY, but down by 14.5% MoM.

The company net debt in June decreased by $29 million MoM, to $2.949 billion. (Ukrainian metal)

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