Azovstal posts net loss for 2013

Azovstal Iron and Steel Works, a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, has announced a net loss of UAH 2.5131 billion ($255.406 million) for the whole of 2013. This compares to a net loss of UAH 2.695 billion ($323.97 million) recorded in 2012.