Russia: Evraz ZSMK modernizes sinter factory

Evraz ZSMK has put into operation two gas-and-dust separators systems. According to the company statement, the new machines are used to clean air of premises originating from the process of sinter manufacture. The project presupposes putting into operation 2 more machines by 2019. The investments into the project totaled 350 million rubles. For the past…

Russia: Evraz selling NMTP

Evraz is selling its stevedoring company in the port of Nakhodka – Evraz NMTP. The company has been looking for buyers of its terminals for a couple of years now. The port is a non-profile asset for Evraz, and its sale could decrease the company debt burden (net debt as of late June – $5.3…