Ukrainian mining and metals group Metinvest announced financial results for 2025.
In the reporting year, the company reported a net loss of $191 million compared to a net loss of $1.15 billion a year earlier, and sales revenue amounted to $7.24 billion, down 5.5% year-on-year, mainly due to the suspension of production at Pokrovsky Coal and below. resale of iron ore concentrate from JV Gornorudny. As a result, no coal concentrate was sold and sales volumes of iron ore products decreased. In addition, Metinvest's EBITDA in 2025 was $765 million, down 24.2 percent from $1.01 billion recorded in the previous year, with operating income of $319 million compared to an operating loss of $858 million. As SteelOrbis previously reported, In 2025, Metinvest's total steel production was 2.02 million tons, down four percent year-on-year, while iron production decreased two percent year-on-year to 1.78 million tons.
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