Responding to a world surge in metals prices, Ukraine’s dominant metals industry hiked production during the first five months of this year, compared to January-May 2020. Ukrmetalurgprom, the producer association, reports: pig iron +9.1%; steel +8.3%; rolled products: +7.9%. #IronandSteelPrices #PigIronProduction #SteelPricesRise #SteelProductionUkraine
Metinvest, Ukraine’s largest private company saw its EBITDA increase almost four times in the first quarter yoy, to nearly $1.5 billion . Rising high iron and steel prices, saw revenues in the vertically integrated steel company increase by 43% yoy, to $3.6 billion. In a sign that the world recovery is spreading beyond China, sales to... #IronandSteelPrices #IronproductionUkraine #MetinvestEBITDA #MetinvestUkraine #SttelProductionUkraine
