EVRAZ Group 3Q 2011 Operational Results
17 October 2011 — EVRAZ Group S.A. (LSE: EVR) (“EVRAZ”) today released its operational results for the third quarter of 2011.
3Q 2011 HIGHLIGHTS:
- Steel production volumes increased by 4% year-on-year due to demand recovery, but decreased by 5% quarter-on-quarter mainly due to seasonal repairs
- Steel product mix shifted in favour of finished goods
- Coking coal production decreased due to longwall repositioning at two of our mines
- Prices for steel products and coking coal remained essentially flat
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