Metinvest consolidated revenue in January-September increased by 36% YoY, to $6.222 billion.
“This has to do mostly with the growth of metal products and iron ore prices”, the group said in a statement.
The increase of demand resulted in the growth of flat rolled metal sales by 433 thousand tons, slabs by 121 thousand tons, pig iron by 71 thousand tons and coke by 72 thousand tons.
Revenue in Ukraine increased by 40%, to $1.61 billion. Thus, Ukraine’s share in the consolidated revenue grew by 1% YoY, to 26%. (Ukrainian metal)