02
Mar
15:53
Evraz turns profitable, divests Ukrainian mill
Evraz saw consolidated revenue surge 40% on-year in 2017 to $10.83 billion and the firm turned to a net profit of $759 million versus a $188m loss a year earlier. The improved performance resulted from increased shipments as well as higher steel and coal prices on the back of a stronger market.
The steel segment saw revenue rise 41% in 2017 to $7.74 billion thanks to 38.6% and 1.2% increases in sales prices and shipments respectively. Segment Ebitda rose 47.7% t…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous