In April-June ArcelorMittal Kriviy Rih received $447 million of net loss as opposed to $1.865 billion of net profit in Q2 2018.
EBITDA fell to $1.555 billion from $3.073 billion.
Revenue decreased from $19.998 billion to $19.279 billion.
Sales grew by 4.8%, to 22.8 million tons, and in H1 – by 3.5%, to 44.6 million tons.
Iron ore deliveries increased by 6.1%, to 15.5 million tons, and by 3%, to 29.3 million tons respectively.
The company net debt increased by $1 billion, to $10.2 billion. (Ukrainian metal)