Ukraine: Metinvest pig iron output up in Q3 2015
In July-September Metinvest produced 2082 thousand tons of steel, down by 5.45% QoQ, or by 120 thousand tons.
In July-September Metinvest produced 2082 thousand tons of steel, down by 5.45% QoQ, or by 120 thousand tons.
In January-June Metinvest B.V. (the Netherlands), parent company of the international vertically integrated mining and metallurgical group Metinvest, received EBITDA of $620 million, down by 63% YoY.
Metinvest, owner of the number of Ukrainian works, including Zaporizhstal, threatens to stop them.
Metinvest negotiations with its creditors about the $3 billion debt restructuring are slow and ineffective, say the banks.
Mariupol Ilyich and Azovstal Iron and Steel Works have switched to the policy of economy.
Ukrainian stock exchange trades on November 16, ended with a sharp fall of Metinvest shares.
In November all Metinvest companies have been excluded from the automatic VAT reimbursement.
The state debt to the Metinvest companies increased in October by 13.1%, from 2.06 billion to 2.33 billion UAH.