Ukraine: Metinvest raw materials output down in 2015
In 2015 Metinvest produced 4.08 million tons of coke, down by 15% YoY. Iron ore concentrate output fell by 8% YoY, to 32.2 million tons, that of coal concentrate – by 20%, to 3.28 million tons.
Ukraine: Metinvest confirms international standards correspondence
Metinvest has again confirmed its correspondence to the international standards ISO 14001:2004 and OHSAS 18001:2007.
Ukraine: Metinvest decreasing deliveries to Turkey
In 2015 Metinvest had to decrease its hot-rolled metal exports to Turkey due to the heavy dumping from Russian manufacturers.
Ukraine: Metinvest to reduce administration
In 2016 Metinvest plans to dismiss up to 30% of its administration staff due to the uncertain steel market situation and the metal prices drop, as well as the demand decrease.
Ukraine: Metinvest pig iron output down in November 2015
In November 2015 Metinvest produced 136 thousand tons of pig iron in ingots, down by 16.56%, or by 27 thousand tons MoM.
Ukraine: Metinvest revenues down in November 2015
In November 2015 Metinvest received a negative EBITDA of $4 million, while in October 2015 the result was a positive $2 million.
Ukraine: Metinvest assets valued at $2.5 billion
Metinvest estimates the value of its assets at $2.5 billion.
Ukraine: Metinvest loosing Pakistan market
Metinvest could lose an important metal market in South Asia – Pakistan. On January 13 the National tariff committee of Pakistan decided to impose preventive duties on cold-rolled steel from Ukraine.
