EVRAZ plc is a large vertically-integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, Europe, USA, Canada and South Africa and employs approximately 110,000 people. The Company is ranked the 15th largest steel producer in the world based on crude steel production of 16.3 million tonnes in 2010. In 2011 EVRAZ produced 16.8 million tonnes of crude steel. EVRAZ is largely self-sufficient in respect of its iron ore and coking coal requirements with the majority of its internal consumption covered by its mining operations. EVRAZ's consolidated revenues for the year ended 31 December 2010 totalled US$13,394 million, while consolidated adjusted EBITDA(1) amounted to US$2,350 million.

EVRAZ Group’s principal metallurgical assets include three of Russia’s leading steel plants: EVRAZ Nizhny Tagil Metallurgical Plant (“EVRAZ NTMK”) in the Urals region and EVRAZ – Consolidated West Siberian Metallurgical Plant (production assets of ZSMK (West Siberia) and NKMK (Siberia). In North America the Company is represented by its subsidiary EVRAZ Inc. NA which has steel making and rolling production facilities in the USA and Canada. EVRAZ also owns EVRAZ DMZ Petrovskogo - (“EVRAZ DMZ Petrovskogo”) iron and steel works in Ukraine, EVRAZ Palini e Bertoli (“EVRAZ Palini e Bertoli”) in Italy, EVRAZ Vitkovice Steel (“EVRAZ Vitkovice”) in the Czech Republic and EVRAZ Highveld Steel and Vanadium(2) (“EVRAZ Highveld”) in South Africa. In Ukraine, EVRAZ comprises coking plants EVRAZ Bagliykoks (“EVRAZ Bagliykoks”), EVRAZ Dniprodzerzhinsky Coke and Chemical Plant (“EVRAZ DKHZ”) and Dnepropetrovsky Coke and Chemical Plant (“Dneprokoks”) which has been part of EVRAZ DMZ Petrovskogo since April 2011.

The Company’s mining division includes iron ore mining complexes of Evrazruda, EVRAZ Kachkanarsky Ore Mining and Processing Plant (‘EVRAZ KGOK”) and EVRAZ Vysokogorsky Ore Mining and Processing Plant (“EVRAZ VGOK”) in Russia, EVRAZ Sukha Balka (“EVRAZ Sukha Balka”) – an iron ore mining and processing complex in Ukraine and the Yuzhkuzbassugol Coal Company (”Yuzhkuzbassugol”) in Western Siberia. The Company also holds a 40% equity interest in the Raspadskaya Coal Company (“Raspadskaya”). EVRAZ is a vertically-integrated steel producer: in 2010 the Company was fully self-covered in respect of its internal iron ore requirements and was 58% self-covered in respect of its coking coal consumption. EVRAZ produced approximately 19.8 million tonnes of iron ore products in 2010 and mined 7.5 million tonnes of raw coking coal.

EVRAZ’s manufacturing facilities produce a wide range of products with a major focus on infrastructure related products.

In 2010, the Company’s share of the Russian market in beams, channels and rebars totalled 86%, 56% and 22% respectively.

EVRAZ accounts for 90% of rail sales in Russia and ranks second in the country’s rail wheel market.

EVRAZ is also a major supplier of semi-finished products - slabs and billets - to world markets.

EVRAZ is a prominent player in the European plate market.

In the USA EVRAZ is the No 1 producer of rails, one of the largest producers of plate being the largest producer of armor plate and is acknowledged as the No 1 North American producer of tubular products, particularly in respect of large diametre pipes.

The Company is an important player in the world vanadium market. The Company’s international vanadium business comprises EVRAZ Highveld Steel and Vanadium (“EVRAZ Highveld”) in South Africa, Vanady-Tula in Russia, Nikom in the Czech Republic and Strategic Minerals Corporation (“Stratcor”) in the United States and South Africa. EVRAZ produces various vanadium products including ferrovanadium, Nitrovan®, high purity vanadium oxides, vanadium aluminum and a full range of vanadium chemicals that are used in steelmaking, aerospace and other applications.

EVRAZ also owns and operates the EVRAZ Nakhodka Trade Sea Port (“EVRAZ NMTP”) in the Far East of Russia, and EVRAZ Metall Inprom, one of the largest steel distribution company in the CIS with 43 metal centres in industrially developed regions of Russia and the CIS.

EVRAZ Group successfully tendered to develop coking coal deposits in the Republic of Tyva, East Siberia, Russia: the Mezhegey coking coal deposit and the Eastern field of the Western part of the Ulug-Khemsky coal deposit.

EVRAZ plc (the "Company") is a public company limited by shares incorporated in the United Kingdom. Pursuant to a share exchange offer with EVRAZ Group SA, the Company became the new ultimate holding company of the EVRAZ Group, and EVRAZ Group SA became a subsidiary of the Company. The Company’s shares were admitted to trading on the London Stock Exchange's main market for listed securities on 7 November 2011, and trade under the stock symbol EVR. For more information on the SEO transaction please refer to the Share Exchange Offer .

EVRAZ’s Vision is to be

  • A leader in the construction and railway steel product markets in Russia and the CIS
  • A global player with a strong position in the flat product markets of Europe and the US
  • The lowest cost producer of crude steel in Russia and the CIS through exceptional efficiency and vertical integration
  • A leading global producer of vanadium products

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(1) Adjusted EBITDA represents profit from operations plus depreciation, depletion and amortisation,
impairment of assets, loss (gain) on disposal of property, plant and equipment, foreign exchange loss(gain) and revaluation deficit.
(2) EVRAZ Highveld Steel and Vanadium produces both steel and vanadium products