Metinvest B.
V. (The Netherlands), the parent company of the Metinvest mining and metallurgical group, increased its product resale revenue by 30% in 2024 compared to 2023, to $2.869 billion
According to the group's annual report, the share of resale in total revenue was 36%, which is 6 percentage points (pp) more than in 2023.
At the same time, it is clarified that Metinvest's revenue is mainly generated as a result of the sale of metal, iron ore, coal and coke chemical products of its own production. The Group also resells products produced by joint ventures and third parties.
In 2024, Metinvest's consolidated revenue amounted to $8.05 billion, which is 9% more than in 2023. This growth is primarily due to the resumption of shipping in the Black Sea, which has eased logistical restrictions on exports.
