In January-June, Interpipe received $19.53 million of net profit, down by 33.8% YoY. Profit before taxation dropped by 51%, to $24.9 million. EBITDA fell by 54.7%, to $50.43 million. Revenue decreased by 9.9%, to $595.64 million. (Ukrainian metal)
On October 12, ArcelorMittal Kriviy Rih launched the process of decommissioning coke-oven batteries Nos. 1 and 2. They are the oldest at the plant. Four batteries will remain at the plant, with only two working – Nos. 5 and 6 – which last week were put into operation following a forced shut down after the…
150 thousand bulletproof vests have been produced and provided to the Ukrainian servicemen under the “Steel Front” initiative of Rinat Akhmetov at Metinvest enterprises since the start of the full-scale Russian invasion. This is every tenth vest in Ukraine. The vests made of Metinvest special steel are provided to the military free of charge. Moreover,…