MOSCOW Nov 29 Russian metals and mining giant
Mechel posted a net loss of 2.8 billion roubles ($43
million) in the third quarter versus a profit of 8 billion
roubles a quarter before, it said in a statement.
Mechel added that its third-quarter core earnings totalled
15.9 billion roubles, up slightly quarter-on-quarter from 15.7
billion roubles in the second quarter due to a recent uptick in
prices for its products.
The company said its revenue slipped to 66.2 billion
roubles, down from 68 billion in the previous quarter.
(Reporting by Jack Stubbs; Editing by Katya Golubkova)