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Photo – POSCO increased steel production by 6% q/q in the first quarter
POSCO increased steel production by 6% q/q in the first quarter

In January-March, steel sales increased by 8% q/q

Photo – Chinese steelmakers’ revenues in 2022 fell by 91.3% y/y
Chinese steelmakers’ revenues in 2022 fell by 91.3% y/y

In the sector of ferrous metal ores extraction and beneficiation, revenues decreased by 22% y/y

Photo – The revenues of Chinese steelmakers for the 11 months of 2022 fell by 94.5% y/y
The revenues of Chinese steelmakers for the 11 months of 2022 fell by 94.5% y/y

In the sector of mining and beneficiation of ferrous metals, profits decreased by 27.6% y/y

Photo – Major Asian steelmakers reported a decline in revenues in the third quarter
Major Asian steelmakers reported a decline in revenues in the third quarter

Baowu Steel and CSC expect steel demand to remain weak in Q4 2022

Photo – US steel producers forecast a decline in profits in the third quarter of 2022
US steel producers forecast a decline in profits in the third quarter of 2022

Steelmakers explain this by a drop in the price and volume of rolled steel shipments

Photo – ArcelorMittal increased profit by 28% in the first half of the year
ArcelorMittal increased profit by 28% in the first half of the year

The company's revenue grew by 23.8% in six months

Photo – Interpipe NTRP’s profit grew by more than a half in H1
Interpipe NTRP’s profit grew by more than a half in H1

While its retained earnings amounted to ₴ 4.3 billion at H1-end

Photo – Interpipe cut profit by 90% in Q1
Interpipe cut profit by 90% in Q1

The Company’s EBITDA increased by 53% in Q1

Photo – Ferrexpo cut net profit by 7.6% in H1
Ferrexpo cut net profit by 7.6% in H1

Ferrexpo’s revenue dropped by 1.4%, while net debt fell by 38%

Photo – Ferrexpo’s net profit increased by 20% in 2019
Ferrexpo’s net profit increased by 20% in 2019

The Group’s revenue rose by 18%, while net debt fell by 17%

Photo – AMKR finished H1 with a loss of ₴79.4 million
AMKR finished H1 with a loss of ₴79.4 million

Paramjit Kahlon, CEO of AMKR, acknowledges that he has no great expectations for the fourth quarter