Russia: Mechel revenue down in Q3 2019
In July-September Mechel received 74.9 billion rubles of revenue, down by 5% QoQ and by 6% YoY. In 9 months revenue decreased by 4% YoY, to 228.2 billion rubles. EBITDA in Q3 dropped by 9% QoQ and by 29% YoY, to 15 billion rubles. Losses accountable to the shareholders in July-September amounted to 571 million…