Metinvest failed in competition with Russian slabs

In 2012, revenue of the mining and metallurgical Metinvest holding from the sales of semi-finished items declined by 33% to $1.418 billion, due to a decline in slabs sales by 1.154 million tons. Slabs sales declined by 55% to $689 million, including 49% due to decline in slabs sales and 6% due to a decline in the average slabs price.

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