Evraz

Moody's downgraded Evraz's rating outlook to stable from positive

The international rating agency Moody's Investors Service (Moody's) has downgraded outlook for Evraz's ratings to stable from positive,

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ALROSA is looking for buyers for its stake in the joint venture with Evraz

ALROSA intends to leave the Timir Yakut iron ore project, which it planned to implement together with Evraz.

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Fitch confirms Evraz's rating at BB+ with a stable outlook

International rating agency Fitch has confirmed the long-term issuer default rating for Evraz at BB+ level with a stable outlook, the agency report

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Evraz increased steel production in the first quarter

In the first quarter of 2020, EVRAZ plc's metallurgical enterprises produced 3.559 million tons of steel, an increase made up 3.2% compared to

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Russian steelmakers reduce their investment programs

NLMK was the first Russian steel company that announced a review of its investment plans due to the effects of the coronavirus.

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Raspadskaya is preparing to suspend coal sales for up to a year

Raspadskaya mine, part of R. Abramovich's Evraz, is preparing for a possible suspension of coal sales for a period of 6 months to 1 year.

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Raspadskaya's net profit more than halved in 2019

In 2019, the Raspadskaya's net profit under IFRS decreased 2.15 times compared to the previous year and amounted to $208 million, it follows fr

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Evraz agrees on syndicated loan for $750 million

Evraz plc has entered into a syndicated unsecured loan agreement to the total amount of $750 million, due by 2025.

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Evraz finally gets rid of its vanadium asset in USA

In October 2019, mining and metallurgical holding company Evraz sold its American vanadium subsidiary Stratcor for $1, it follows from the company's report.

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Inventions of Evraz NTMK’s metallurgists brought 300 million rubles in effect for five years

Economic effect of patented inventions introduced at Evraz NTMK over the past five years amounted to more than 300 million rubles.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
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