Russia: Evraz accused of wheel price increase

The Federal Antimonopoly Service found out that in 2013-2015 Evraz set the profitability of 1058 mm wheel manufacture 4 times higher as that on the market. According to FAS, Evraz occupies the “dominating position on the Russian railroad wheels market” and has violated the law on competitiveness protection. In the past 5 years Evraz share…

Russia: Evraz commissions new long face at Alardinskaya mine

Evraz has put a new long face 3-38 in operation at its Alardinskaya mine.

The face reserves are some 2.8 million tons of coking coal.

The mining is carried out at the depth of 240 meters. Until December 2018 the miners intend to extract around 240 thousand tons of coal per month. (Ukrainian metal)

Russia: Evraz steel output up in Q3 2017

In Q3 Evraz produced 3.506 million tons of steel, up by 5.9% QoQ. “The consolidated steel output grew, first of all, because of the completion of the scheduled repairs of the oxygen-converter shop at Evraz DMZ (Ukraine)”, the group noted. Semi-finished products output reached 3.121 million tons, up by 4.4% QoQ. In Q4 Evraz expects…

Russia: Evraz net profit up in H1 2017

In January-June Evraz increased net profit 12.3-fold YoY, to $86 million.

According to the company statement, its consolidated EBITDA grew 2-fold, to $1.152 billion, while consolidated revenue increased by 44.1%, to $5.1 billion.

Evraz’s net debt in H1 totaled $4.3 billion, down from $4.8 billion in late 2016. (Ukrainian metal)

Russia: Evraz steel output down in Q2 2017

U.K.-based mining giant Evraz, which operates mainly in Russia, has cut its steel production by 9.5% QoQ, to 3.328 million tons in April-June, the company said in a statement on July 19.

In January-June, the steel output of Evraz rose by 4% YoY, to 7.007 million tons. (Prime/Ukrainian metal)

Russia: Evraz reports hacker attack

Evraz has reported that its information system has been attacked by hackers.

“There was a malfunction in the net. The main manufacture is operating. There is no threat to the employees and the enterprises. The specialists are dealing with the situation”, the group said. (Ukrainian metal)

Russia: Evraz sells Nakhodka port

Evraz has finalized the deal on selling 100% of Nakhodka sea trade port to its main shareholder Lanebrook Limited for $354.4 million. In May Evraz sold its Ukrainian Evraz Sukhaya Balka mine to Berklemond Investments Ltd. In March Evraz announced it was selling Yuzhkoks. And in 2015 it sold Dneprodzerzhinsk Coke Plant to Lanebrook Ltd.,…

Russia: Evraz suspected in dumping in USA

American pipe manufacturers suspect the Canadian company of the Russian Evraz in dumping. They have also said that the pipe imports from Canada threaten the national security. Pipe manufactures have called on the authorities to limit imports. American manufacturers are dissatisfied with the decision of Cheniere Energy to choose Evraz as the main supplier of…

Ukraine: Evraz claims not cooperating with DPR

Evraz-Ukraine says is does not cooperate with the companies on the Ukraine-uncontrolled territories, nor does it supply metal there. The company notes that there are cases of illegal use of the Evraz brand without the corresponding consent. Earlier the Information Resistance group claimed that major Russian companies, including Evraz, were cooperating with the so-called Donetsk…

Russia: Evraz to supply long rails to railroads

Evraz and the Russian Railways have signed a memorandum on cooperation. According to the document Evraz will increase output of 100-meter rails. An additional manufacturing line will be assembled at Evraz ZMSK. And railroads will provide rolling stock to take all the rails produced. The memorandum creates the basis for the signing of a new…

Russia: Evraz to expand beam range

Evraz is working on a new GOST to improve and expand the range of flanged beam in Russia.

At present the group already produces 135 sections of new GOST and 89 foreign analogues. The new document provides for the import replacement, EvrazHolding metal structures development manager Evgeniy Samarin said. (Ukrainian metal)

Russia: Evraz starts mining GZh coal

Uskovskaya miners have started digging coal at the long face 50-08. The reserves of the face are estimated at 1.8 million tons of coking coal of the premium GZh grade. Each month the miners intend to obtain some 250 thousand tons of coal. After processing at Evraz factories Uskovskaya mine coal is delivered to other…

Kazakhstan: PM familiarizes with new technologies at EvrazKaspianStal

Prime Minister of Kazakhstan was briefed on the process automation system at EvrazKaspianStal, which allowed increased production volume and ensured high quality. The metallurgical plant is an innovative project implemented jointly with Russian partners. Company’s technical equipment and level automation meet the requirements of the Fourth Industrial Revolution “Industrialization 4.0” concept. The plant processes and…

Russia: Evraz expanding sales markets

Evraz dispatched a batch of nodules produced at Kachkanarsk Mining and Processing Works to US Steel Kosice, the biggest steel mill in Slovakia. The nodules fully meet the customer’s requirements in chemical composition and physical properties. The content of iron in the nodules is above 60%; such high strength and solidity characteristics allow producing high…

Russia: Evraz gets additional railroad discount

Russian Railroads will provide a 6.6% discount to the tariff for export transportation from the Zapadno-Sibirskaya and Sverdlovskaya railroads.

The discount is valid through December 31, and is applied to the transportation of coal, iron ore and metal to and from stations, near which 2 Evraz works are situated: ZSMK and NTMK. (Ukrainian metal)