The Ukrainian Metal

Russia: MMK net profit up in 2017

In 2017 MMK increased its net profit by 7% YoY, to $1.189 billion.

According to the company statement, its revenue grew by 34%, to $7.546 billion, with EBITDA up by 3.9%, to $2.032 billion.

Last year MMK produced 12.86 million tons of steel, 10.163 million tons of pig iron and 11.333 million tons of rolled metal, all up by 2.5%, 5.3% and 0.1% YoY respectively. (Ukrainian metal)

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