Metinvest, a mining and metallurgical group, reported consolidated revenue of $4.319 billion for the first half of 2024, an increase of 22% compared to H1 2023. This growth was largely driven by a 63% rise in mining segment sales, which reached $1.847 billion, primarily due to eased logistics restrictions on Ukrainian exports and growing demand for pellets. "The Black Sea corridor enabled iron ore sales to China," stated the company's report late on September 6.