In January-June Metinvest B. V. sold 38% of metal products in Europe, 21% in Ukraine, 20% in the Near East and North Africa and 11% in CIS.
Metal revenue reached $1.213 billion, or 38% of the total revenue, with earnings in Europe up by 27% YoY.
Experts believe that because of the new European antidumping duty on the hot-rolled metal at 60.5 euro per ton Metinvest will be forced to decrease its European sales by $1-1.5 billion and switch to other markets, to MENA in particular.
In Ukraine the metal division of Metinvest sold $699 million worth of products (21%), up from $484 million (21%) last year. (Ukrainian metal)
