EVRAZ Group S.A. (”EVRAZ”) today announced that it has entered into a Share Purchase Agreement with Best Decade Holdings Limited to dispose of its 15.04% stake in Delong Holdings Limited (“Delong”), a leading SGX-listed steel producer of hot-rolled steel coil, for US$91.7 mln.
Proposed guarantee of the obligations of MC EVRAZ Mezhdurechensk LLC (“EVRAZ Mezhdurechensk”), an indirect wholly owned subsidiary of EVRAZ plc (the “Company” and together with its subsidiaries the “Group”), under certain management contracts and publication and posting of shareholder circular
The Company announces that on 29 December 2017 its indirect wholly owned subsidiary, EVRAZ Mezhdurechensk entered into management contracts (the “Management Contracts”) with nine companies owned by LLC Sibuglemet Group involved in mining, processing and trading coal (the “Counterparties”).
EVRAZ ZSMK signed an agreement with Air Liquide on the construction of a new oxygen production facility at the territory of the plant for the supply of air separation products for technological needs. The project will provide EVRAZ ZSMK with advanced equipment, which will be 30% more energy efficient than the previous one, and will allow to abandon expensive repairs
EVRAZ plc (LSE: EVR; “EVRAZ” or the “Group”) today has announced an interim dividend. On 24 May 2018, the Board of Directors voted to disburse a total of US$187.6 million, or US$0.13 per share.
EVRAZ NTMK started railway wheels’ deliveries to Slovakia. In 2018, about 1000 wheels for freight cars will be shipped to ŽOS Trnava railcar repair company.