04
Aug
14:26
Metalloinvest’s first-half earnings fall, eyes ‘Russia-friendly’ country sales
Metalloinvest has refocused the vast majority of its iron ore concentrate and metallic sales to the domestic market, but is also eyeing supplying “Russia-friendly” nations that lack iron ore, says the company’s chief executive, Nazim Efendiev.
The company saw revenue fall in the first half of 2023 to RUB 190 billion ($2 billion), Efendiev said at a recent meeting between President Vladimir Putin and heads of Russian manufacturing enterprises…
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Anonymous
Very good overview of the weekly steel market.
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