MOSCOW, May 31 (Reuters) - Russia’s biggest iron ore producer Metalloinvest’s first-quarter net profit rose by 29.6% year on year to $539 million, it said on Friday, helped by sales of higher-value products and an increase in iron ore and pellet prices.
* Metalloinvest first-quarter revenue totalled $1.9 billion, up 2.4% year on year, while earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 8.1% to $730 million.
* Net debt stood at $3.3 billion at the end of March, down 0.7% from the end of December.
* First-quarter capital expenditure was $88 million, down 7.4% from a year ago. (Reporting by Polina Devitt Editing by David Goodman)