Ukrainian mining and steel producing group Metinvest has announced its financial results for 2025.
In the given year, the company reported a net loss of $191 million, compared to a net loss of $1.15 billion in the previous year, while its sales revenues amounted to $7.24 billion, dropping by 5.5 percent year on year, mostly due to the suspension of production at Pokrovske Coal and lower resales of iron ore concentrate from the Mining JV. As a result, there were no sales of coking coal concentrate and lower sales volumes of iron ore products. In addition, Metinvest’s EBITDA in 2025 came to $765 million, decreasing by 24.2 percent from $1.01 billion recorded in the previous year, while it registered an operating profit of $319 million, compared to an operating loss of $858 million.
As SteelOrbis reported previously, in 2025 Metinvest’s total crude steel output came to 2.02 million mt, dropping four percent year on year, while its pig iron output decreased by two percent year on year to 1.78 million mt.