Metinvest is studying the possibility to buy new cargo cars because of the crisis situation on the railroad transportation market. “Now it’s possible to use private cars. There are no problems with buying cars at present. Ferrexpo buys them, we’re also looking into it”, Metinvest CEO Yuri Ryzhenkov said. According to him, Metinvest has some…
In October-December Metinvest could decrease its steel smelting by 10% due to the overhaul at its Mariupol assets. “Q4 will not differ much from Q3. The main difference will be on the Mariupol site”, said the group CEO Yuri Ryzhenkov. The decrease will also be the result of Ukrzaliznytsia repairing some of its routes to…
Metinvest Group ranks first among Ukrainian companies that have been included into Central and Eastern Europe TOP-500 list. The companies were ranked by the international audit company Deloitte based on their 2015 consolidated revenues. According to the survey, the majority of CE countries saw economic growth, and the only country whose economy shrank in 2015…
On September 1, Metinvest created the operational directorship on the basis of its mining and metal divisions. “Thus the group completes the process of creating the vertically integrated structure of the company under the Technological strategy of 2010”, Metinvest reported. The main goal of the transformation is the better cooperation of mining and metal assets,…
In June Metinvest EBITDA reached $119 million, down by 41.3% MoM. According to the company statement, its revenues in June totaled $559 million as opposed to $533 million in May. Metallurgical division of the company showed an upward trend. Its revenues increased from $423 million in May to $455 in June. EBITDA went up from…
In January-June Metinvest decreased output of various types of metal raw materials, except for coke. According to the company statement, coke output totaled 2.19 million tons, up by 19% YoY, that of iron ore concentrate remained on the level of 15.81 million tons, while that of coal concentrate dropped by 4%, to 1.58 million tons.…
In January-June Metinvest produced 4.18 million tons of carbon steel, up by 8% YoY. According to the company statement, Q2 output totaled 2.19 million tons, up by 10% QoQ. (Ukrainian metal)
In May Metinvest group increased its EBITDA by 29.3% MoM, or by 46 million UAH, to $203 million. The group income went up by 6.18% MoM, or by $31 million, to $533 million. In April Metinvest had EBITDA of $157 million, and $91 million in May. (Ukrainian metal)
