In 2020, Metinvest increased its net profit by 54% YoY, to $526 million. Revenue decreased by 3%, to $10.453 billion, while EBIDTA grew by 82%, to $2.204 billion. Debts fell by 3%, to $2.938 billion, with net debt down by 23%, to $2.111 billion. Capital investments went down by 37%, to $663 million. (Ukrainian metal)
In 2012-2020, Metinvest spent 15.35 billion UAH on the ecological modernization of its Mariupol Ilyich and Azovstal Iron and Steel Works. More than 40 large-scale projects have been carried out over the years. Thus, Azovstal decommissioned sintering shop, coke-oven batteries Nos. 5, 6 and 7 as well as blast furnaces Nos. 5 and 6, while…
In 2020, Metinvest enterprises produced 8.268 million tons of steel, up by 9% YoY. Pig iron manufacture grew by 7%, to 8.475 million tons, and coke – by 3%, to 4.808 million tons. Rolled metal output went up by 132 thousand tons, to 4.809 million tons. In particular, the manufacture of long-rolled products increased by…
In 2020, Metinvest carried out large-scale projects at its Central, Severniy and Ingulets Mining and Processing Works as well as at Metinvest-KRMZ. Quarries received 9 new 12-cubic meter excavators. InGOK also received 2 Epiroc drilling rigs, while CGOK – five 130-ton BelAZ dump trucks and three bulldozers (a PR 764 Litronic and two CaterpillarD9R). GOKs…
In 2019, Metinvest enterprises in Kriviy Rih – Ingulets, Severniy and Central Mining and Processing Works – spent 4 billion UAH on ecological projects under a city program until 2025. In particular, the enterprises invested in new machinery and equipment, which helped decrease dust emission to 50 mg per 1 cubic meter. 14 automated environment-monitoring…
In August, Metinvest B. V, decreased revenue by 7.9% YoY, to $838 million. EBITDA grew by $12 million, to $216 million. Metal division EBITDA totaled $91 million, while mining – $134 million. Metal revenue amounted to $671 million, mining – $258 million and intragroup sales – $91 million. Debt dropped by $64 million to $3.017…
Ukrzaliznytsia intends to offer its services on locomotive repair to private companies. One of them could be Metinvest. According to the company, Lviv Locomotive-Repair Works, Dniepropetrovsk Locomotive-Repair Works and Zaporozhye Electric Locomotive-Repair Works have to show their worth not only at the expense of Ukrzaliznytsia, but also on the open market. That is why Ukrainian…
In January-June, Metinvest Group increased steel output by 1% YoY, to 3.963 million tons. In particular, Mariupol Ilyich Iron and Steel Works increased manufacture by 38 thousand tons. Pig iron output grew by 1%, to 4066 thousand tons, with Azovstal increasing output by 97 thousand tons. At the same time, Mariupol Ilyich decreased output by…
