In 2018 Metinvest produced 27.353 million tons of iron ore concentrate, almost flat YoY. Pellets output grew by 30%, to 7.484 million tons. In Q4 2018 concentrate manufacture increased by 4% QoQ, to 6.813 million tons mostly because of the output growth at SevGOK by 258 thousand tons. At the same time pellets manufacture dropped…
In 2018 Metinvest decreased steel output by 1% YoY, to 7.32 million tons. In particular, Azovstal output dropped by 4%, to 4.08 million tons, while Mariupol Ilyich Iron and Steel Works manufacture grew by 5%, to 3.24 million tons. Pig iron production went up by 3%, to 8.21 million tons. In particular, the increase of…
S&P Global Ratings has confirmed the long-term ratings of Metinvest in the national currency at B- with positive outlook (the previous being stable). Earlier International Financing Review named Metinvest refinancing its debt the deal of the year among developing states. In January-September 2018 Metinvest consolidated revenue increased by 46% YoY, to $9.063 billion. (Ukrainian metal)
In 2019 Metinvest intends to transport over 74.2 million tons of cargo via railroad. In particular, the group plans to transport 12.5 million tons of ready-made products, 38 million tons of iron ore raw materials, 6.7 million tons of limestone, 11.1 million tons of coal and 3.7 million tons of coke and by-products. In 2018…
Metinvest has gathered all the 100% of Central Mining and Processing Works shares. As of December 31, 2018 Metinvest B. V. share in the statutory capital of CGOK grew from 49.751% to 50%, and taking into account the share of Metinvest Management B. V. (50%), the group consolidated 100%. Metinvest B. V. purchased shares on…
Mariupol metal works products are transported via railroad to the ports of Olvia, Nikolayev and Yuzhniy in Odessa and Nikolayev regions. Previously all Metinvest metal was shipped through the Mariupol Sea Trade Port. “Because of the Azov Sea blockade, the weather conditions and the geopolitical situation, a lot of metal is shipped via ports of…
Moody’s has increased Metinvest B.V. rating to B3 with stable outlook. According to the experts, the company rating reflects its integrated business model. In H1 2018 Metinvest provided itself with 287% of iron ore, 145% of coke and 38% of coking coal. The agency has also taken into account the debt refinancing of $2.271 billion…
In October Metinvest decreased EBITDA by 13.15% MoM, to $211 million, having increased its revenue by 2.31%, to $932 million. That month Metinvest sold 439 thousand tons of semi-finished products at $201 million and 742 thousand tons of ready-made products at $484 million. The company also sold 175 thousand tons of coke at $51 million,…
