Evraz Announces Major Keystone XL Pipe Order

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Evraz Announces Major Keystone XL Pipe Order

September 24, 2009 – Evraz Group (LSE: EVR) ("Evraz") announces that its subsidiary in North America, Evraz Inc. NA, has received a significant Large Diameter Pipe order from TransCanada Corporation for a portion of the Keystone Gulf Coast Expansion Project (Keystone XL).

Keystone XL’s 1,980 mile (3,200 kilometers) 36” crude pipeline, carrying Canadian crude oil, would originate at Hardisty, Alberta and terminate at a delivery point near Nederland, Texas to serve existing refineries and other markets on the U.S. Gulf Coast.

Evraz anticipates steel and pipe production on this new business to commence in 2010.


For further information

Media contact:
Alex Agoureev
VP, Public Relations
+7 495 122 4822

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370