News

15 June

Completion of Disposal of Joint Stock Company EVRAZ Nakhodka Trade Sea Port

Further to the announcement on 23 May 2017 that the independent shareholders of the Company had approved the recommended disposal of the Joint Stock Company EVRAZ Nakhodha Trade Sea Port to Lanebrook Limited (the “Transaction”), EVRAZ plc (the “Company”) is pleased to announce that all conditions to the Transaction have been satisfied and that the Transaction has completed.

1 June

EVRAZ expands cooperation with one of the largest rebar manufacturers in Southeast Asia

EVRAZ ZSMK starts production of billets for Steel Asia, one of the largest rebar producers in Southeast Asia. The first lot will be 30 thousand tonnes.

26 May

EVRAZ PLC enters into agreement to dispose of EVRAZ Sukha Balka

26 May 2017 - EVRAZ plc (LSE: EVR) ("EVRAZ" or the "Company") announces today that its fully owned subsidiary Evraz Group S.A. signed an agreement to dispose of the entire issued share capital of Kadish Limited (a holding company of EVRAZ Sukha Balka (“ESB”)) to BERKLEMOND INVESTMENTS LTD (a company of the DCH Group) for US$110 million of gross consideration, adjustable for the actual level of ESB’s working capital and debt (“Transaction”). The Consideration will be payable in several instalments: an initial US$25 million payable within two business days after signing of sales and purchase agreement, with the rest to be paid by 31 December 2017.

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Steel

EVRAZ produces steel and rolled steel at its Russian enterprises EVRAZ NTMK and EVRAZ ZSMK (includes NKMK production assets) and at its rolling facilities EVRAZ DMZ in Ukraine, EVRAZ Caspian Steel in Kazakhstan, EVRAZ Palini e Bertoli in Italy, EVRAZ Vitkovice Steel in the Czech Republic, EVRAZ Highveld Steel and Vanadium in South Africa and EVRAZ North America in the U.S. and Canada.

EVRAZ ZSMK

EVRAZ ZSMK, the eastern-most steel mill in Russia, is the largest steel mill in the Siberian region. In terms of production levels it is among the five biggest steel plants in Russia, the thirty largest steel plants in the world, and the top-five global rail manufacturers. EVRAZ ZSMK's products are sold across Russia, the CIS and to over 30 countries globally, and EVRAZ ZSMK is the general supplier of railway products for JSC Russian Railways. In 2016 ZSMK produced 5.4 million tons of pig iron and 6.9 million tons of steel.

EVRAZ NTMK

EVRAZ NTMK is one of the largest integrated steel production plants in Russia with a complete processing cycle. It consists of coke-chemical production facilities, blast furnaces, a converter shop and a number of rolling mills. EVRAZ NTMK is also the world's biggest processor of vanadium-enriched titan ferrous ores with succeeding vanadium recovery in blast oxygen furnaces and in oxygen converters using special technologies. In 2016 EVRAZ NTMK produced 4.8 million tonnes of pig iron, 4.2 million tonnes of steel.

EVRAZ Caspian Steel

Light-section rolling mill in Kostanay, Kazakhstan, was launched in the end of 2013. It has a planned annual production capacity of 450,000 tons of rebar.

EVRAZ DMZ

EVRAZ DMZ, located in Dnepr, Ukraine, is an integrated steel mill specialising in the manufacture and sale of pig iron, steel and rolled products. In 2016 EVRAZ DMZ produced 1068 thousand tonnes of pig iron, 1057 thousand tonnes of crude steel and 889 thousand tonnes of rolled products.

EVRAZ Palini e Bertoli

EVRAZ Palini e Bertoli is a plate rolling mill located in San Giorgio di Nogaro, in the Udine province of Italy. EVRAZ Palini e Bertoli supplies its products to a wide range of customers located in Europe and North America.

EVRAZ North America

EVRAZ North America is a leading steel manufacturer built on the pedigree of successful steel companies – formerly known as Oregon Steel, Rocky Mountain Steel and IPSCO. In 2016 EVRAZ North America produced more than 1.6 million tonnes of flat, long, and tubular steel products for major markets including infrastructure, defence, energy and rail.

Company site: www.evrazna.com