Severstal declined net profit by 63%
Edited by vadim / 2013-03-05 06:53:46
In 2012, Severstal declined net profit by ISA by 62.6% to $762 million, revenue by 10.8% to $14.104 billion, EBITDA by 40.9% to $2.119 billion, and profitability by EBITDA by 7 basis points to 15.0%. Revenue declined due to reduction in sales price and some decline in sales at Severstal Russian Steel division.
