The Ukrainian Metal

Ukraine: Metinvest revenue up in January 2020

In January, Metinvest B.V. increased revenue by 5.5% MoM, to $821 million.

EBITDA totaled $73, up by $112 million.

Metal division revenue grew by 9.8%, to $681 million, mining division revenue was $234 million and inter-group sales – $94 million.

Debts dropped by $5 million, to $3.032 billion.

Metinvest received $38 million of profit from the sale of 90 thousand tons of square billets, $114 million from 225 thousand tons of flat rolled metal, $28 million from 59 thousand tons of long rolled metal and $39 million from 106 thousand tons of pig iron. (Ukrainian metal)

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