Key indicators

Table Chart

  • Income Statement, million USD

  • Revenue

  • Adjusted EBITDA 1

  • EBITDA margin

  • 2018

    2019

    2020

    2021

    2022

    2023

  • 11,880

    10,757

    10,453

    18,005

    8,288

    7,397

  • 2,513

    1,213

    2,204

    7,044

    1,873

    861

  • 21%

    11%

    21%

    39%

    23%

    12%

1 — Adjusted EBITDA is calculated as profit before income tax before finance income and costs, depreciation and amortisation, impairment and devaluation of property, plant and equipment, foreign exchange gains and losses (starting from 1 January 2015), the share of results of associates and other expenses that the management considers non-core plus the share in EBITDA of joint ventures.

Table Chart

  • Balance Sheet, million USD

  • Total Assets

  • Total Liabilities

  • Shareholder’s Equity

  • Total Debt

  • Cash & Cash Equivalents

  • Net Debt 1

  • 2018

    2019

    2020

    2021

    2022

    2023

  • 11,178

    13,837

    13,454

    15,980

    8,785

    9,133

  • 5,775

    6,907

    6,958

    8,010

    5,915

    6,510

  • 5,403

    6,930

    6,496

    7,970

    2,870

    2,623

  • 2,743

    3,032

    2,937

    2,242

    2,077

    1,981

  • 280

    274

    826

    1,166

    349

    646

  • 2,743

    2,758

    2,111

    1,076

    1,728

    1,335

1 — Net debt is calculated as total debt less cash and cash equivalents and subordinated shareholder loans

Table Chart

  • Product (in thousands of metric tonnes)

  • Hot metal

  • Crude steel

  • Semi-finished products 1

  • Pig iron

  • Slabs

  • Square billets

  • Finished products

  • Flat products

  • Long products

  • Railway products

  • Tubular products

  • Iron ore concentrate

  • Coking coal concentrate

  • 2018

    2019

    2020

    2021

    2022

    2023

  • 8,205

    7,928

    8,475

    9,709

    2,743

    1,765

  • 7,323

    7,578

    8,268

    9,533

    2,918

    2,025

  • 3,026

    3,160

    3,313

    3,411

    1,022

    832

  • 1,644

    1,264

    1,088

    1,347

    209

    21

  • 1,382

    1,896

    2,225

    1,651

    166

    -

  • N/A

    N/A

    N/A

    413

    647

    811

  • 5,769

    5,595

    5,859

    7,233

    2,777

    2,291

  • 4,747

    4,677

    4,835

    5,978

    1,731

    1,100

  • 817

    714

    794

    1,089

    1,018

    1,191

  • 65

    49

    79

    48

    10

    -

  • 140

    155

    151

    118

    18

    -

  • 27,353

    29,028

    30,501

    31,341

    10,712

    11,092

  • 2,683

    2,961

    2,883

    5,542

    4,959

    5,455

1 - The total volume of semi-finished products excludes those rerolled at Group’s plants. These volumes are eliminated as intercompany sales for purposes of Metinvest’s consolidated results.