financial results

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Ukrainian Railways received UAH 20.4 billion in profit from freight transportation in 2024

At the same time, passenger transportation remains deeply unprofitable at UAH 18.1 billion

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Tata Steel increased steel production in India by 4% y/y in FY2024/2025

The country's steel output for the period amounted to a record 21.7 million tons

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US Steel reduced steel shipments by 1.1% y/y in Q1

European segment shipped 856 thousand short tons of steel in January-March

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ArcelorMittal earned $805 million in net profit in Q1

The company's revenue for the period amounted to $14.8 billion

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China’s Ansteel suffered a loss of almost $1 billion in 2024

Last year, the country's steelmakers faced a further deterioration in market conditions

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Salzgitter notes the weakness of the German economy and uncertainty about exports

The steel sector was affected by high energy prices and high imports

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Voestalpine cuts profit forecast due to weak economic environment in Europe

The company also notes the uncertainty of US tariffs

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Salzgitter’s EBITDA for FY2024 exceeds expectations

The company reported €445 million in EBITDA, although overall financial performance declined

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ArcelorMittal received $2.33 billion in net profit in 2024

The company's revenue for the period amounted to $62.44 billion

POSCO reduced steel production by 1.1% y/y in 2024

Last year, the company reduced rolled steel sales by 1% year-on-year

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Tata Steel reported a profit in Q3 fiscal year 2024/2025

Analysts expected a loss amid weak performance in Europe and falling prices in India

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Tata Steel’s losses in the UK reached £1.1 billion due to the closure of the Port Talbot blast furnace

The British division's revenue for the 2023/2024 financial year fell by 16% y/y

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