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EVRAZ plc (EVRE.L)

EVRE.L on London Stock Exchange

547.00GBp
15 Nov 2018
Change (% chg)

27.20 (+5.23%)
Prev Close
519.80
Open
527.60
Day's High
552.20
Day's Low
525.20
Volume
2,707,474
Avg. Vol
2,406,217
52-wk High
589.60
52-wk Low
265.70

Latest Key Developments (Source: Significant Developments)

Russia's Evraz says Q3 crude steel output fell 10.3 pct q/q
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Russian steelmaker EVRAZ plc , in its third quarter trading update, says::Consolidated crude steel output fell 10.3 percent quarter on quarter in the last three months to 3.1 million tonnes;.Sales volumes of semi-finished products edged down by 0.7 percent, primarily due to lower crude steel production;.Production of raw coking coal climbed by 9.6 percent quarter on quarter to 5.9 million tonnes;.Crude steel output is expected to be flat in the fourth quarter;.Raw coal production in the fourth quarter is expected to increase quarter on quarter. .  Full Article

Evraz sees annual capex at $830-990 mln in 2019-2022
Friday, 19 Oct 2018 

Oct 19 (Reuters) - Russian steelmaker EVRAZ Plc says::Evraz is considering four major investment projects in 2019-22 aiming to increase sales of finished steel products to local markets..Investment expenditures are expected to be in the range of $830-990 million a year during 2019-2022..In 2018, the capex level is estimated at approximately $640-660 million..Evraz expects that in 2018 the effect on EBITDA from its efficiency improvement programme, which includes customer focus and cost-saving initiatives, will amount to around $290-300 million..The aim is to maintain the pace of improvements with the effect of at least 3 percent from COGS or about $250-300 million a year going forward..  Full Article

Evraz To Increase Production Of Railway Wheels
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - EVRAZ plc ::EVRAZ WILL INCREASE THE PRODUCTION OF RAILWAY WHEELS.LAUNCHED AN INVESTMENT PROJECT AIMED AT INCREASING PRODUCTION CAPACITY OF ITS WHEEL SHOP AT NIZHNIY TAGIL STEEL PLANT.INVESTMENTS OF COMPANY WILL TOTAL USD 60 MILLION; RAMP-UP IS SCHEDULED FOR 2021.OUTPUT WILL INCREASE BY 78 THOUSAND OF WHEELS PER YEAR BECAUSE OF PROJECT.  Full Article

Russia's Evraz recommends interim dividend of $0.13 per share
Thursday, 24 May 2018 

May 24 (Reuters) - Russian steel producer Evraz says::The board of directors has voted to disburse a total of $187.6 million, or $0.13 per share, in interim dividends for 2018..The record date is June 8, 2018, and the payment date is June 22, 2018..  Full Article

Russia's Evraz Q4 crude steel output stable q/q
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Russian steel producer Evraz says::Q4 consolidated crude steel output was stable quarter on quarter at 3.5 million tonnes, with output expected to rise slightly in Q1 2018..Steel output in 2017 rose 3.8 percent to 14 million tonnes, due to improved market demand in North America and higher crude steel production at EVRAZ ZSMK following the completion of planned repairs in 2016..Q4 output of raw coking coal decreased, primarily due to scheduled longwall repositioning at the Alardinskaya and Uskovskaya mines..  Full Article

Russia's Evraz Q3 crude steel output up 5.9 pct q/q
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Russia's Evraz says::Consolidated crude steel output rose by 5.9 pct quarter-on-quarter to 3.5 million tonnes in Q3 2017 due to completion of capital repairs at Evraz DMZ' oxygen-converter plant and the ramp-up of Evraz Regina after the planned outage;.A year ago, Evraz said its consolidated crude steel output was at 3.4 million tonnes in Q3 2016;.Consolidated raw coking coal output in Q3 2017 was in line with Q2 2017;.In Q4 2017, Evraz expects output of pig iron and crude steel in Russia and Kazakhstan to increase slightly quarter-on-quarter as no significant repairs are planned;.In North America, Evraz expects crude steel volumes to pick up slightly, tubular and railway products volumes to grow by 5-10 pct, construction products to remain essentially unchanged, and flat rolled products to fall by 5-10 pct in Q4;.Evraz also expects its raw coal production to drop in Q4 due to scheduled longwall repositioning at the Alardinskaya and Uskovskaya mines. This should be partially offset by higher output at the Raspadskaya and Raspadskaya-Koksovaya mines..  Full Article

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