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Moody's Changed the Outlook for EVRAZ to Positive from Stable

Date of publication: 27.12.2010

27 December 2010 - EVRAZ Group (EVR: LSE) (“EVRAZ”) welcomes Moody's change of EVRAZ’s rating outlook to positive from stable. Moody's also affirmed the B1 corporate family rating and the B2 ratings for the company's Senior Unsecured Notes.

Moody’s commented that the change was prompted by improvements in operating performance and credit metrics that EVRAZ achieved since the trough of the steel markets, and in particular during 2010.

Please view Moody’s announcement here


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